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via seekingalpha.comMarkets

Seagate, Western Digital expected to outperform in upcoming earnings: Wedbush

FROM THE WIRE · SEEKINGALPHA.COM

[Seagate Technology PLC headquarters] Sundry Photography/iStock Editorial via Getty Images Seagate (STX [https://seekingalpha.com/symbol/STX]) and Western Digital (WDC [https://seekingalpha.com/symbol/WDC]) remain the best positioned among hard disk drive manufacturers to…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA forecast of beating estimates for two HDD makers can move the stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Wedbush sees Seagate and Western Digital as best positioned among HDD makers.
  2. 02Demand is significantly outpacing output with no apparent supply chain shocks.
  3. 03Wedbush reiterated its Outperform rating on both stocks.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Seagate Technology Holdings plcSTXStock701.41 USD-0.23%today +3.89%Positive Western Digital CorporationWDCStock379.36 USD+0.13%today +4.13%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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