Barclays Downgrades Seagate Tech Hldgs to Equal-Weight, Announces $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley has downgraded Seagate Tech Hldgs (NASDAQ:STX) from Overweight to Equal-Weight and set a price target of $65.
September 07, 2023 | 9:44 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Seagate Tech Hldgs has been downgraded by Barclays from Overweight to Equal-Weight with a price target of $65.
The downgrade from Barclays could potentially lead to a decrease in the stock price of Seagate Tech Hldgs in the short term. The new price target of $65 also suggests that the analyst believes there is limited upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100