Key facts: Analysts affirm Western Digital estimates; stock rises on Seagate's earnings
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- Analysts have reaffirmed their estimates for Western Digital, indicating stability ahead of the earnings report. The company has missed revenue targets five times in the last two years.1
- Western Digital's stock rose recently, boosted by Seagate Technology's strong quarterly earnings, positively impacting the data-storage sector in the S&P 500.2