There's a constant flurry of activity surrounding
Western Digital Corporation (NASDAQ:WDC). Various institutional investors are adjusting their positions in the data storage company. Institutions such as
US Bancorp DE,
LSV Asset Management, and
AMF Tjanstepension AB have shifted their positions, selling and purchasing shares accordingly, indicating faith in the company's performance. The company has also been linked with strong
Q2 results and has seen its
price target raised by Argus Research and Mizuho. They cite a
potential standout Q4 performance and consistent growth as influencing factors. Other analysts and broker firms such as Rosenblatt Securities, Barclays, and Morgan Stanley also show a positive forecast for Western Digital, this is based on
strong earnings reports, solid top-line growth, and expected rising in stock prices. Furthermore, Western Digital's robust performance has led to multiple acquisitions of its shares by big financial firms. In addition, negative incidences like shares getting
sold by Primecap Management Co. CA and falling stock price amid market uptick are acknowledged.
Western Digital Corp WDC News Analytics from Mon, 02 Dec 2024 08:00:00 GMT to Sat, 09 Aug 2025 20:54:47 GMT -