JP Morgan Reiterates Rating on Western Digital Corporation $WDC
Key Points
- JP Morgan now rates Western Digital Corporation ($WDC) "buy" with a $650.00 target.
- The Street's average $WDC price target is $547.09 (Buy).
- $WDC last traded around $562.83.
JP Morgan reiterated its rating on Western Digital Corporation ($WDC) to a "buy" rating, with a price target of $650.00 in a recent research note.
Western Digital Corporation ($WDC) Stock
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About Western Digital Corporation
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer manufacturers, sales personnel, dealers, distributors, and retailers. The company has a collaboration with Open Quantum Design for the development of quantum error correction technology and related systems to advance reliable quantum computing. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.
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