How Much Have Storage Stocks Such as Western Digital Fallen?
Shares of storage company Western Digital (WDC) have fallen 7% in the last two trading days to close at $81.45. Of the 30 analysts tracking WDC, 20 have recommended “buys” on the stock, while ten have recommended “holds” on the stock. No analysts have recommended “sells.” The average 12-month target price for WDC is $113.58 with a median target of $115, indicating that the company is trading at a discount of 41% to analysts’ median estimate.