Mizuho Lifts Western Digital Target to $265, Citing AI-Led HDD ASP Strength
Mizuho has increased its price objective for Western Digital Corp. to $265 from $240 and kept an Outperform rating, pointing to artificial intelligence-driven demand as a catalyst for higher nearline hard disk drive average selling prices. The move comes amid a broader wave of analyst upgrades and price-target raises, while the stock has already ra…