- Goldman Sachs analyst Toshiya Hari downgraded Western Digital Corp (NASDAQ:WDC) to Neutral from Buy with a price target of $62, down from $91, implying a 9.6% upside.
- The analyst expects cyclical pressures in the NAND business to more than offset the company’s improving competitive position in nearline HDD and enterprise SSD.
- Hari acknowledged that his upgrade in early March was the “wrong call” and now awaits a better entry point from the sidelines.
- Price Action: WDC shares traded lower by 2.56% at $55.1 in the premarket session on the last check Friday.
AI Tech CEO Pronounced Third-Party Cookies Would Die Soon — It’s Coming True
Photo by Vyshnavi Bisani on Unsplash
The third-party web cookie is arguably one of the most controversial and debated topics in the digital world. Governments and groups around the globe have been discussing the hot-button issue more as security and privacy concerns continue to grow.
