Susquehanna Maintains Negative on Seagate Tech Hldgs, Raises Price Target to $33
Portfolio Pulse from richadhand@benzinga.com
Susquehanna analyst Mehdi Hosseini maintains a Negative rating on Seagate Tech Hldgs (NASDAQ:STX) and raises the price target from $32 to $33.
June 14, 2023 | 3:50 pm
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NEGATIVE IMPACT
Susquehanna analyst maintains Negative rating on Seagate Tech Hldgs (NASDAQ:STX) and raises price target from $32 to $33.
The news directly mentions Seagate Tech Hldgs (NASDAQ:STX) and the analyst's Negative rating, which indicates a bearish outlook for the stock. The price target increase from $32 to $33, however, may slightly mitigate the negative impact. The short-term impact on the stock price is likely to be negative due to the maintained Negative rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100