macro

Morgan Stanley raises price targets on Western Digital and Bloom Energy

Morgan Stanley raised price targets for Western Digital and Bloom Energy and kept Overweight ratings on all three stocks, according to Dow Jones Newswires in a ratings update.

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what happened

Morgan Stanley kept its Overweight rating on Western Digital and raised its price target to $668 from $643, according to Dow Jones Newswires, citing Benzinga's ratings feed.

The bank also maintained its Overweight rating on Procter & Gamble, and the update did not report any change to its price target.

For Bloom Energy, Morgan Stanley reaffirmed its Overweight rating and lifted its price target to $335 from $310.

why it matters

Routine rating updates like these rarely shift the broader market on their own. Higher targets for Western Digital and Bloom Energy signal that the analyst sees more value in those shares, while the reiterated view on Procter & Gamble adds little new information for consumer staples.

tags

instruments

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sources

  1. Western Digital Is Maintained at Overweight by Morgan Stanley — Dow Jones Newswires, 23 October 2026 at 12:09 UTC
  2. Procter & Gamble Is Maintained at Overweight by Morgan Stanley — Dow Jones Newswires, 23 October 2026 at 12:13 UTC
  3. Bloom Energy Is Maintained at Overweight by Morgan Stanley — Dow Jones Newswires, 23 October 2026 at 12:11 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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