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Western Digital and Seagate Shares Rise on Analyst Buy Calls

Original: Western Digital and Seagate Technology Stock Jump as Analysts Say ‘Buy the Dip’

Shares of Western Digital and Seagate Technology jumped after analysts urged investors to 'buy the dip' in the two data storage makers, according to Barron's. The endorsement comes as both stocks had been under pressure, and the positive calls from Wall Street appear to have restored investor confidence in the sector for now.

Why now: Analysts publicly recommended buying the recently beaten-down storage stocks, prompting a share price rally.

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Evidence

• Western Digital and Seagate Technology Stock Jump as Analysts Say ‘Buy the Dip’ · Barron's

API: https://socialmediatrends-api.osmike.com/v1/trends/1122265