** Shares of computer hard drive maker Seagate Technology STX.O rise 6.2% to $107.39 premarket
** Co reports Q2 rev of $2.33 bln, above estimates of $2.32 bln, according to data compiled by LSEG
** At least six brokerages raise PT after results
** "We reiterate STX as our 'Top Pick' following a F2Q earnings" - Morgan Stanley; raises PT to $134 from $129
** Analysts at Benchmark say that strong cloud demand and growing AI business will drive STX's results in H2 2025, into 2026
** The ramp-up of HAMR technology, used in hard disk drives to increase storage capacity, in H2 2025 is expected to drive revenue and margin growth for STX, say BofA analysts
** 15 of 26 brokerages rate stock "buy" or higher, nine "hold" and two "sell" or lower; their median PT is $122.50
** STX has gained 16.3% in the past one year
(Reporting by Sanchayaita Roy in Bengaluru)
((sanchayaita.roy@thomsonreuters.com))
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