Western Digital falls 4% on Q4 revenue miss, guidance trails estimates

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Goldman Sachs Reiterates Neutral Rating on Western Digital Corp. (WDC)

August 1, 2024 6:39 AM EDT

Goldman Sachs analyst Toshiya Hari reiterated a Neutral rating and $79.00 price target on Western Digital Corp. (NASDAQ: WDC).

The analyst comments "WD delivered strong FY4Q (June) results, with non-GAAP EPS (excl. SBC) of $1.44 exceeding Street consensus by 22% as consistent product execution and... More

Western Digital Corp. (WDC) PT Raised to $94 at Morgan Stanley

August 1, 2024 5:15 AM EDT

Morgan Stanley analyst Joseph Moore raised the price target on Western Digital Corp. (NASDAQ: WDC) to $94.00 (from $86.00) while maintaining a Overweight rating.

The analyst comments "As previewed, WD guided conservatively given the coming separation, with rev/gross profit upside offset by inverse synergies.... More