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Western Digital Corp 58.8% Potential Upside Now Implied by Maxim Group

Western Digital Corp with TICKER NASDAQ:WDC had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘BUY’ yesterday by research analysts at Maxim Group. Western Digital Corp are listed in the Technology sector within NASDAQ. Maxim Group have set a target price of 93 USD on its stock. This now indicates the analyst believes there is a potential upside of 58.8% from the opening price of 58.55 USD.

 

Western Digital Corp NASDAQ:WDC has a 50 day moving average of 54.29 USD and a 200 day moving average of 48.34 USD. The 52 week high for the stock is 69.29 USD while the 52 week low is 34.99 USD. Over the last 30 and 90 trading days the company share price has increased 6.02 points and increased 10.81 points respectively. There are currently 300,316,054 shares in issue with the average daily volume traded being 4,739,243. Market capitalisation for NASDAQ:WDC is $17,892,831,047.00 USD.

 

Western Digital Corp 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.

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