🟢 WDC is trading 8.9% up today as Evercore ISI raises target on AI storage demand

WDC is trading 8.9% up at $527.14 after Evercore ISI raised its price target on accelerating AI storage demand.

• Evercore ISI hiked its price target to $575 and reiterated an Outperform rating, framing the stock as a key beneficiary of AI infrastructure growth.
• The move comes amid a broadly positive market backdrop for technology, which is driving momentum in high-beta AI-linked hardware names.