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Western Digital – XtremeCuztoms

Category: Western Digital

This Analyst Believes Negative Sentiment, Macro Headwinds as an Opportunity to Step in for Micron Technology and Western Digital

June 23, 2022
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Mizuho analyst Vijay Rakesh slashed price targets on Micron Technology, Inc. to $95, from $113 (66 percent upside), and Western Digital Corp. to $68, from $72 (44 percent upside), and reiterated a Buy. He observed that memory industry update, sentiment, and pricing trends had softened considerably in the last month with weaker PC-handset trends, consumer demand concerns with DRAM softer…

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Analysts Cut Western Digital Price Target Post Q2 Results

January 30, 2022
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Analysts on Western Digital Corp. following Q2 FY22 results. Deutsche Bank analyst Sidney Ho lowered the price target to $70 from $81 (40 percent upside) and kept a Buy. The company’s guidance was once again below Street estimates, but it remains positioned for a second-half recovery. The analyst believes the stock’s risk/reward is attractive. Citi analyst Jim Suva reduced the…

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