Citigroup and UBS Cut Western Digital Price Targets
Citigroup lowered its Western Digital price target to $660 from $740, while UBS cut it to $435 from $470. Dow Jones Newswires, citing Benzinga data.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Citigroup reduced its price target on Western Digital (WDC) shares to $660 from $740 previously. Dow Jones Newswires reported the change on October 23, citing Benzinga ratings data.
Later the same day, UBS lowered its target for the company's stock to $435 from $470.
why it matters
Two major brokers cutting price targets at the same time points to more cautious analyst expectations for Western Digital shares. Such moves tend to weigh on sentiment around the stock but do not by themselves change the company's financial results.
tags
instruments
sources
- Western Digital Price Target Cut to $660.00/Share From $740.00 by Citigroup — Dow Jones Newswires, 23 October 2026 at 18:36 UTC
- Western Digital Price Target Cut to $435.00/Share From $470.00 by UBS — Dow Jones Newswires, 23 October 2026 at 19:48 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗