🟢 WDC is trading 3% up today as BofA raises price target to $375

WDC is trading at $282.10 (+3.05%) in pre-market following a price target increase to $375 by BofA and growing optimism surrounding the company's AI storage roadmap.

• The gain builds on yesterday's 4.26% rise to $273.74, with investor sentiment bolstered by recent announcements of 40TB drives and future 100TB+ HDD plans to meet AI demand.
• Analysts maintain a consensus price target of $313, while broader market strength in the S&P 500 and Nasdaq provides a supportive backdrop for the storage sector.