Western Digital Corp. (NASDAQ:WDC) is a top large-cap tech stock to buy now, with Wells Fargo raising its price target to $95 from $80. Recent quarterly results and guidance exceeded expectations, bolstering growth prospects. Analyst Aaron Rakers cites strong momentum in nearline storage segment and ongoing technology investments as key drivers for future revenue expansion and margin improvement.

Rakers’ long-term model forecasts mid-teens revenue growth for Western Digital, supported by firm pricing trends and operational efficiencies. Demand from hyperscale cloud customers further strengthens growth potential. The company’s focus on technology development and product range, including HDDs, NAND flash-based products, and external storage systems, positions it well in the market.

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Read more at Yahoo Finance: Wells Fargo Lifted Western Digital (WDC) Target to $95, Maintains Buy