Bank of America Points to Supply-Demand Imbalance Favoring Western Digital (WDC)
Western Digital Corporation (NASDAQ:WDC) has posted YTD gains of 113.4% as of April 27, putting it among the 10 Large-Cap Stocks that are on Fire Right Now. Bank of America Points to Supply-Demand Imbalance Favoring Western Digital (WDC) On April 27, Bank of America raised the firm’s price recommendation on Western Digital Corporation (NASDAQ:WDC) to $495 from $415. It reiterated a Buy rating on the shares. The analyst noted that hard disk drive supply remains tight, as manufacturers are not adding unit ...