Western Digital Corp Stock (WDC) Moved Up by 8.94% on May 26: What Investors Need To Know
Western Digital Corp (WDC) stock rose 8.94% on May 26, primarily due to an analyst price target increase and an optimistic outlook on its role in AI infrastructure. Evercore ISI raised its price target, maintaining an Outperform rating, highlighting the company's crucial contribution to the HDD industry and projecting strong sustained sales and EPS growth. Western Digital recently reported strong Q3 2026 results, increased its dividend by 20%, and is benefiting from increased demand for AI memory and storage solutions.
https://www.tradingkey.com/news/market-movers/261928902-market-movers-wdc-20260526