B of A Securities Maintains Buy on Seagate Tech Hldgs, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan maintains a Buy rating on Seagate Tech Hldgs (NASDAQ:STX) but lowers the price target from $71 to $70.
June 08, 2023 | 2:10 pm
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B of A Securities maintains a Buy rating on Seagate Tech Hldgs (NASDAQ:STX) and lowers the price target from $71 to $70.
The news indicates that B of A Securities still has a positive outlook on Seagate Tech Hldgs, maintaining a Buy rating. However, the lowered price target from $71 to $70 may cause some uncertainty among investors. The short-term impact on the stock price is expected to be neutral as the change in the price target is minimal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100