Strong Memory Demand Amid Improving Pricing Drives BofA’s Bullish Rating on Western Digital (WDC)
Bank of America has issued a bullish rating on Western Digital Corporation due to strong demand for memory products and improving pricing. Analysts have a high level of confidence in the company, with 79% maintaining 'Buy' ratings and a price target suggesting significant upside. Western Digital is also positioning itself for future growth in AI storage technologies.
- ▪As of April 20, 2026, 79% of analysts covering Western Digital maintain 'Buy' ratings.
- ▪BofA analyst Wamsi Mohan raised the price target for Western Digital from $375 to $415.
- ▪Western Digital is focusing on AI storage solutions and has plans for high-capacity HDDs and improved technologies.
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Strong Memory Demand Amid Improving Pricing Drives BofA’s Bullish Rating on Western Digital (WDC) Faheem Tahir Tue, April 28, 2026 at 10:42 AM PDT 2 min read WDC -2.32% Trade WDC on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Learn more Western Digital Corporation (NASDAQ:WDC) secures a spot on our list of the best memory stocks to buy according to analysts.
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