Seagate Technology Upgraded by Benchmark and Summit Insights on Optimistic Outlook

GuruFocus.com
01-22

Fremont, CA, January 22, 2025 Seagate Technology Holdings PLC (NASDAQ:STX) has garnered positive attention today as both Benchmark Company and Summit Insights upgraded the stock from Hold to Buy, citing growing demand for the products and improving internal operational efficiency as key factors.

Benchmark Company upgraded Seagate and from "Hold" to "Buy" with price target of $120. The analysthighlighted Seagate's high-capacity storage will gain amid the AI and cloud computing boom.

  • Warning! GuruFocus has detected 7 Warning Signs with STX.

Summit Insights also upgraded Seagate from "Hold" to "Buy" with no price target, the analyst saw Seagate'simproving profitability and operational efficiency as key factors for optimism.

The average of consensus recommendation from 26 brokerage firms is currently 2.3, indicating status Outperform which is between Hold and Buy. While the range of target price for Seagate is $116.54, indicating 5.63% upside from the current price of $110.33.

This article first appeared on GuruFocus.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10