Loop Capital Says This Semiconductor Stock Is Poised for Big Gains Ahead in 2026

Leading data storage manufacturer Western Digital (WDC) is back on investors’ radar. The chip stock, which has already staged a remarkable performance on Wall Street over the recent years, climbed almost 7% on Nov. 10 after Loop Capital raised its price target from $190 to a Street-high $250. According to the firm, new analysis points to at least a 10% increase in hard-disk-drive (HDD) capacity demand compared with its previous 2026 estimates. The investment firm also expects Western Digital to benefit fr ...