Western Digital Reaches All-Time High Amid Price Target Upgrade by Citigroup
Western Digital (WDC) reached a new all-time high as shares climbed following a 37% increase in its price target from Citigroup, which cited strong AI demand and industry supply discipline. The stock rose to $602.54 during intraday trading before closing at $594.11 with a 5.51% gain.
Topics: AI demand Citi upgrade storage industry Western Digital