The Terabyte Rally in Storage Stocks! Despite a 1,000% Price Increase, Western Digital is Not Just a Hype Topic!
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Price target raised: Morgan Stanley rates Western Digital as a top pick and raises the price target from $488 to $650, with a bull-case scenario of $920 Under supply: A HDD supply deficit of 10 to 15% is expected for 2026, driven by annual AI data growth of 40 to 50% Security upgrade: WD integrates post-quantum cryptography at the firmware level to protect data against future decryption risks Following the announcement of a peace agreement between the USA and Iran, technology stocks saw significant gains. Leading this momentum was Western...
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