Western Digital Shares Jump Despite Revenue Miss, Ready To Spin Off NAND Business: Q4 Guidance 'Much Better Than Feared,' Analyst Says
Western Digital(WDC) Benzinga·2024-10-25 23:31
Shares of Western Digital Corp WDC were spiking in early trading on Friday, after the company reported upbeat fiscal first-quarter earnings. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald analyst C.J. Muse maintained an Overweight rating, while lifting the price target from $80 to $95. Benchmark analyst Mark Miller reiterated a Buy rating and price target of $92. RBC Capital Markets analyst Matt Bryson reaffirmed an Outperform rating ...