🟢 WDC is trading 4.4% up today after Barclays raised its price target on AI storage optimism

WDC is trading 4.4% up at $548.00 following a sharp pre-market move driven by a significant price target hike from Barclays.

• Barclays raised its price target on Western Digital to $620 from $450 and maintained an Overweight rating.
• Sentiment is bolstered by broader tech sector strength and surging demand for AI infrastructure, which has lifted chip and storage names in early trading.
• The move marks a significant jump from the previous session's closing price of $524.65.