Western Digital (WDC) Receives a Rating Update from a Top Analyst

Benchmark Co. analyst Mark Miller maintained a Hold rating on Western Digital (WDC) today. The company’s shares closed last Monday at $41.63.

According to TipRanks.com, Miller is a top 100 analyst with an average return of 17.7% and a 62.8% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as Axcelis Technologies, MKS Instruments, and Onto Innovation.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Western Digital with a $79.82 average price target.

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The company has a one-year high of $72.00 and a one-year low of $27.40. Currently, Western Digital has an average volume of 5.68M.

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Western Digital Corp. engages in the development, manufacture, market and sale of data storage devices and solutions. It operates through the following product categories: client devices, data center devices and solutions, and client solutions. The client devices category includes mobile, desktop, gaming and digital video hard drives, solid state drives (SSDs), embedded products, and wafers. The data center devices and solutions category covers capacity and performance enterprise hard disk drives (HDDs), enterprise SSDs, data center software, and system solutions. The client solutions category offers removable products, hard drive content solutions, and flash content solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.

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