Global Stock News

Seagate Stock Jumps As Wall Street Ramps Up Price Targets

Seagate Stock Jumps As Wall Street Ramps Up Price Targets

Seagate Technology Holdings PLC stocks have been trading up by 5.35 percent after upbeat AI-driven data storage demand news.

Spot the Next Big Runner

Click Here for a Millionaire’s POV on Trading STX

SUBSCRIBE FOR ALERTS

JOIN 50,000+ ACTIVE TRADERS

What Traders Need To Know

  • Wells Fargo upgraded Seagate to Overweight and lifted its target to $1,100 from $900 after a pullback, pointing to $50+ EPS potential and strong capital returns backed by rising exabyte demand.
  • Citigroup boosted its Seagate price target to $1,240 from $1,150 with a Buy rating, tying the story to favorable networking and storage trends ahead of Q2 earnings.
  • Goldman Sachs raised its Seagate target to $960 from $700…

Source link

Share this article

Scroll to Top