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WDC stock rises 31% in a month on AI demand
short by / on Wednesday, 22 April, 2026
Western Digital (WDC) rose 3% premarket, adding to a 31% monthly gain. Barclays raised its price target to $405, maintaining an 'Overweight' rating on improved HDD estimates. Analysts expect a permanent re-rating due to reduced capex. UBS also projects Q3 results near guidance highs driven by hyperscaler demand.
read more at Stocktwits