Western Digital (WDC) attracted positive attention from Wall Street analysts. Melius Research upgraded the stock to a "strong-buy," adding to a series of bullish calls. Bank of America reiterated a buy rating and increased its price target.
Institutional investor interest also emerged for Western Digital. Elevation Point Wealth Partners LLC significantly increased its stake in the company during the first quarter. Zacks highlighted Western Digital as a top momentum stock for the third quarter of 2026, citing continued investor interest in AI-related storage plays.