Western Digital and Seagate Get Major Price Target Hikes
Loop Capital and Wedbush significantly increase price targets on WDC and STX, citing strong HDD demand, supply constraints, and accelerating earnings growth.
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Loop Capital and Wedbush significantly increase price targets on WDC and STX, citing strong HDD demand, supply constraints, and accelerating earnings growth.
The AI revolution is driving massive demand for data storage, giving the hard drive industry, led by Western Digital and Seagate, an unexpected and powerful resurgence.