Analysts Note Growth Potential and Risks for Western Digital (WDC)
Western Digital Corporation (NASDAQ:WDC) is one of the AI Stocks Making Headlines This Week. On September 16, Bernstein SocGen Group initiated coverage on the stock with a Market Perform rating and a price target of $96.00. The research firm has cited WDC’s inexpensive valuation both in absolute terms and relative to competitor Seagate Technology (STX). It believes that the company will benefit from cyclical strength in hard disk drives (HDDs). A stock market graph. Photo by Alesia Kozik on Pexels The ...