Western Digital stock jumps nearly 9% — WDC rally turns on targets, AI storage talk

Western Digital shares saw a significant jump in after-hours trading following Cantor Fitzgerald raising its price target to $420, citing improved growth and profitability expectations. The company is actively focusing on the AI data center market with plans for larger drives and multi-year contracts. Investors are now looking forward to upcoming jobs and CPI data for further market direction.

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