Wells Fargo Maintains Overweight on Seagate Technology Hldgs, Lowers Price Target to $865
Wells Fargo analyst Joe Quatrochi maintains Seagate Technology Hldgs (NASDAQ:STX) with a Overweight and lowers the price target from $1180 to $865.
Stocks · News reference
Semiconductor selloff hits STX and WDC stock. Learn why analysts see Seagate beating Western Digital amid sold-out AI data storage demand.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Wells Fargo analyst Joe Quatrochi maintains Seagate Technology Hldgs (NASDAQ:STX) with a Overweight and lowers the price target from $1180 to $865.
Seagate, Western Digital trade lower on Friday morning as investors weigh Toshiba HDD capacity expansions, rising Fed rate hike risks, and $1T hyperscaler capex limits.
The worst 15 chip stocks in the last 7 sessions, led by SK Hynix and Arm, as the iShares Semiconductor ETF (SOXX) logs a rare seven-day losing streak.
Discover 9 stocks with the biggest options-implied earnings moves, led by Spotify at 9.31%, as investors prepare for key quarterly results.
Super Micro stock drops 9.6% as former Western Digital exec Mark Long takes over as CFO while the company addresses internal accounting and export-control scrutiny.