Maxim Group announced Western Digital (NASDAQ:WDC), boosting its stock price target to $88.00 today
- Updated: October 11, 2016
Having a price of $56.62, Western Digital (NASDAQ:WDC) traded 0.81% higher on the day. With the last stock price up 20.62% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. WDC has recorded a 50-day average of $53.35 and a two hundred day average of $47.32. Trade Volume was down over the average, with 412,280 shares of WDC changing hands under the typical 4,913,450
In a report issued 10/12/2016 Maxim Group bumped up the target of Western Digital (NASDAQ:WDC) from $85.00 to $88.00 stating a potential upside of 0.55%.
On 10/3/2016, Vetr Inc. released a statement about Western Digital (NASDAQ:WDC) upped the target price from $0.00 to $63.25 that suggested an upside of 0.07%.
Recent Performance Chart
Western Digital has PE ratio of 57.08 with a one year low of $34.99 and a one year high of $86.39 and has a market capitalization of $0.
A total of 25 brokerages have issued a ratings update on Western Digital. Nine brokerages rating the company a strong buy, ten brokerages rating the company a buy, eleven brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $58.62.
General Company Details For Western Digital (NASDAQ:WDC)
Western Digital Corporation (Western Digital) is a developer, manufacturer and provider of data storage devices and solutions that address the needs of the information technology (IT) industry and the infrastructure that enables the proliferation of data in virtually every industry. The Company's portfolio of offerings addresses three categories: Datacenter Devices and Solutions (capacity and performance enterprise hard disk drives (HDDs), enterprise solid state drives (SSDs), datacenter software and system solutions); Client Devices (mobile, desktop, gaming and digital video hard drives, client SSDs, embedded products and wafers), and Client Solutions (removable products, hard drive content solutions and flash content solutions). The Company develops and manufactures a portion of the recording heads and magnetic media used in its hard drive products.
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