Western Digital Authorizes New $2.0 Billion Share Repurchase Program
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Broadcom rises 3% on OpenAI custom "Jalapeño" chip reveal
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
JPMorgan on Western Digital Corp. (WDC): 'Near term, the team does not see major impact to its business from tariffs due to strong exposure to cloud/hyperscale spending'
May 13, 2025 4:51 PM EDTJPMorgan analyst Harlan Sur reiterated an Overweight rating and $57.00 price target on Western Digital Corp. (NASDAQ: WDC)
The analyst comments "Near term, the team does not see major impact to its business from tariffs due to strong exposure to cloud/hyperscale spending. The team is seeing positive demand trends from cloud/hyperscalers spending. In fact, the team started to receive orders visibility from two large customers into the 1H of 2026.That said, the team believes there is potential for some weakness/demand uncertainty within their enterprise, client, channel, and retail parts of... More
