🟢 WDC is trading 5% up today after Barclays raised its price target to $620

WDC is trading 5% up at $551.05 in pre-market trading after Barclays significantly raised its price target, citing optimism around AI-related storage demand.

• Barclays hiked its price target to $620 from $450 and reiterated an Overweight rating.
• Analysts highlighted the company’s strong positioning within high-growth cloud and semiconductor ecosystems as a key driver for future growth.
• The upgrade is generating significant buying interest, building on recent momentum across the broader technology sector.