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0 0.000185683780521734 0.000185683780521734 0.00213536347600028 0.00259957292730481 0.000557051341565203 0.000557051341565203 0.000557051341565203
Stock impact report

Seagate Stock Soars as Analysts Raise Targets on AI-Driven Data Storage Demand [Yahoo! Finance]

Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX) 
Last seagate technology holdings plc - ordinary shares (ireland) earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: seagate.com/investors/overview
Company Research Source: Yahoo! Finance
Seagate Technology shares surged Wednesday as analysts raised their price targets for the stock after the data storage provider's quarterly results topped estimates. Morgan Stanley called the stock a "top pick," citing AI-driven demand for data storage. The company said it is ramping up production of its high-capacity hard drives, which analysts see as a tailwind going into the back half of the year. Seagate Technology ( STX ) shares jumped Wednesday as several analysts raised their price targets for the data storage solutions provider's stock after the company's fiscal second-quarter results topped estimates. Morgan Stanley analysts called Seagate's stock a “top pick,” amid a “period of AI-driven storage demand growth.” The analysts said accelerating data growth is pushing up demand for storage both in the cloud and on-premises, which benefits Seagate. Morgan Stanley lifted its price target to $134 from $129, and maintained an “overweight” rating. Elsewhere, analysts at Mi Show less Read more
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