Business · Companies · 3 hrs ago
BofA raises Western Digital target to $800 despite lower capacity outlook
Bank of America raised its Western Digital price target to $800 ahead of the company’s earnings.
The move comes despite a lower capacity outlook for Western Digital.
Tight hard-drive supply is keeping prices high, according to the available information.
This means the outlook for capacity and the current pricing environment point in different directions.
The higher target reflects Bank of America’s view of Western Digital ahead of earnings.
The company’s earnings are the next event to watch.
BofA raised its price target for Western Digital to $800.
The move came despite a lower capacity outlook.
Tight hard-drive supply is keeping prices high.
BofA raised the target ahead of Western Digital’s earnings.
- Who
- BofA and Western Digital.
- What
- BofA raised its price target for Western Digital to $800 despite a lower capacity outlook.
- When
- October 21, 2026.
- Where
- Not stated.
- Why
- Tight hard-drive supply is keeping prices high.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Price target
- $800
- Company
- Western Digital
- Analyst
- BofA
- Supply conditions
- Tight hard-drive supply is keeping prices high
- Timing
- BofA raised its target ahead of earnings