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Stock impact report

Morgan Stanley Names Western Digital (WDC) a 2026 Top Pick Amid Cloud Capital Expenditure Boom [Yahoo! Finance]

Western Digital Corporation (WDC) 
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Company Research Source: Yahoo! Finance
price target on Western Digital to $228 from $188 with an Overweight rating on the shares. The firm advised investors to maintain an Overweight position in IT Hardware companies that benefit from cloud capital expenditures and product cycles. Conversely, the firm remains increasingly cautious on manufacturers with high memory exposure due to the margin pressures associated with rising component costs. A day before this rating, Cantor Fitzgerald analyst C.J. Muse also raised the firm's price target on Western Digital to $250 from $200 while keeping an Overweight rating on the shares. After outperforming the S&P 500 by ~30 points in 2025, SOX is expected to continue leading the market higher due to the massive demand for compute, networking, memory, and equipment generated by the early AI era. While some cyclical factors might cause short-term volatility, the firm believes the combination of a favorable macroeconomic environment and the anticipated exponential surge in AI infrastruc Show less Read more
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