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Western Digital (NASDAQ:WDC) falls 13%, stays above Wall Street average target
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Western Digital (NASDAQ:WDC) falls 13%, stays above Wall Street average target
Western Digital (WDC) plunged 12.7% to $589.54—still above the average analyst target of $560.45—after memory stocks tumbled despite recent bullish earnings and guidance, leaving investors questioning whether margin strength and estimate upgrades can justify the premium ahead of the August 5 earnings report.
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