BofA Securities Maintains Buy Rating on Seagate Technology
BofA Securities has reaffirmed its Buy rating on Seagate Technology, setting a price target of $1,200.
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Morgan Stanley Maintains Overweight on Seagate Technology Hldgs, Raises Price Target to $1200
Morgan Stanley analyst Erik Woodring maintains Seagate Technology Hldgs (NASDAQ:STX) with a Overweight and raises the price target from $1187 to $1200.
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B of A Securities Maintains Buy on Seagate Technology Hldgs, Raises Price Target to $1200
B of A Securities analyst Wamsi Mohan maintains Seagate Technology Hldgs (NASDAQ:STX) with a Buy and raises the price target from $1150 to $1200.
Shares of memory- and storage-related chip companies are trading higher amid a broader chip rebound. Concerns over AI cloud services providers' debt levels may be subsiding, which could place more attention on the high demand and supply bottleneck narratives.