Loop Capital raised Western Digital Corporation’s price target from $190 to $250, predicting increased demand for hard disk drive capacity and higher selling prices for higher capacity drives. UBS also raised their price target from $135 to $145 after a strong fiscal first quarter report, citing strong demand, steady prices, and controlled supply. UBS prefers owning Micron Technology over Western Digital.
Read more at Yahoo Finance: Is Western Digital (WDC) One of the Best Aggressive Growth Stocks to Buy?
