Western Digital Refocuses Post-SanDisk Spin-Off As Analyst Highlights AI-Led HDD Growth

Quick Summary:

Also Read: Western Digital Stock Is Attractive, Backed By Cheap Valuation And AI Surge: Analyst

The analyst used a 10 times earnings valuation based on expected profitable growth as the HDD market continues to be in a strong up cycle.

Rosenblatt analyst Kevin Cassidy relaunched coverage on Western Digital (NASDAQ:WDC), giving the stock a Buy and lowering the price target from $76 to $50 on Tuesday.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United States

Topics: Briefs Analyst Ratings Sandisk US9581021055 News WDC Expert Ideas Trading Ideas Price Target STX Benzinga Kevin Cassidy Rosenblatt Tech IE00B58JVZ52 Reiteration

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 18:56:32 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 716 words

Reading Time: 4 minutes read

Sentences: 37 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28290040

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 20 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions