BofA Boosts Western Digital Corporation (WDC) Target to $375 Following Strategic Outlook Update

We recently published an article titled 12 Best Data Storage Stocks to Buy Right Now. On February 9, BofA raised its price target on Western Digital Corporation (NASDAQ:WDC) to $375 from $345 and reiterated a Buy rating following in-person meetings with CFO Kris Sennesael in New York. The firm indicated increased confidence in management’s ability to execute against revised long-term financial targets introduced at its recent innovation day, suggesting improved operational discipline and strategic clarity ...