Wedbush Raises Price Targets for Seagate and Western Digital Ahead of Earnings
Seagate Technologies (STX) and Western Digital (WDC) are drawing attention as Wedbush Securities increased its price targets ahead of their upcoming quarterly earnings reports. Analyst Matt Bryson cited improved market conditions in the storage sector, including strong demand for enterprise SSDs and potential supply constraints that could support pricing power. The move by Wedbush reflects growing optimism about the near-term outlook for both companies as they prepare to report results. Investors are closely watching these updates ahead of earnings season, which may influence trading activity around their reports.
