Seagate Technology shares are trading higher after Rosenblatt maintained a Buy rating on the stock and raised its price target from $68 to $78. Also, Morgan Stanley maintained an Equal-Weight rating on the stock and raised its price target from $60 to $67
Portfolio Pulse from Benzinga Newsdesk
Seagate Technology's stock is trading higher after Rosenblatt maintained a Buy rating and raised its price target from $68 to $78. Morgan Stanley also maintained an Equal-Weight rating and raised its price target from $60 to $67.
October 27, 2023 | 3:01 pm
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POSITIVE IMPACT
Seagate Technology's stock is expected to perform well in the short term due to positive analyst ratings and increased price targets from Rosenblatt and Morgan Stanley.
Analyst ratings and price targets are significant indicators of a stock's potential performance. The maintained Buy and Equal-Weight ratings, along with the increased price targets from Rosenblatt and Morgan Stanley, suggest a positive outlook for Seagate Technology's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100