Western Digital (NASDAQ:WDC) Trading Up 4.3% - Time to Buy?

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Western Digital (NASDAQ:WDC) shares climbed 4.3% to $261.30 after beating quarterly earnings and revenue expectations. Analysts like Citigroup, TD Cowen, and Wedbush have raised price targets, contributing to a “Moderate Buy” consensus rating and a target of $265.58. The company also announced a quarterly dividend of $0.125, although insiders have recently sold a significant number of shares.

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