Cantor Fitzgerald and Goldman Sachs have raised their price targets for Western Digital (WDC) following company updates and an Innovation Day event. Cantor Fitzgerald increased its target to $420, citing significantly better growth and profitability projections, while Goldman Sachs raised its target to $250 after the company confirmed its HAMR product rollout and updated long-term guidance. Both firms adjusted earnings per share estimates for the company.
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Cantor Fitzgerald and Goldman Sachs Lift Western Digital (WDC) Price Targets
Cantor Fitzgerald and Goldman Sachs have raised their price targets for Western Digital (WDC) following company updates and an Innovation Day event. Cantor Fitzgerald increased its target to $420, citing significantly better growth and profitability projections, while Goldman Sachs raised its target to $250 after the company confirmed its HAMR product rollout and updated long-term guidance. Both firms adjusted earnings per share estimates for the company.