The Technical Story of Western Digital Corporation (WDC) Stock

Susquehanna lowered the price target for the Western Digital Corporation (NASDAQ:WDC) stock from ‘a Positive’ to ‘a Neutral’. The rating was released on April 14, 2023, according to finviz. We previously noted in another research note published on November 23, 2021 by Mizuho that upgraded the stock from a Neutral to a Buy with a price target of $75 for WDC stock. The research report from Wells Fargo has reiterated the stock to Overweight, with a price target set at $80. The stock was reiterated by UBS, who disclosed in a research note on October 29, 2021, to Neutral and set the price objective to $62.