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Western Digital shares fall following UBS price target cut

InvestorsHub +1 ·

UBS UBS Group AG
$47.82 -0.64%
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  1. 1Western Digital shares fell 3.6% in pre-market trading on Tuesday to $372.95.
  2. 2UBS lowered its price target for Western Digital from its previous $525 to a revised $470.
  3. 3UBS maintained a neutral rating on Western Digital.

So what's the key point?

UBS lowered its price target for Western Digital to $470. This means expectations for the stock to rise further have decreased.

Source InvestorsHub +1 · View original ↗

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