B of A Securities Maintains Buy on Seagate Tech Hldgs, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan has maintained a Buy rating on Seagate Technology Holdings (STX) and increased the price target from $80 to $87.
December 06, 2023 | 4:39 pm
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B of A Securities analyst Wamsi Mohan maintains a Buy rating on Seagate Technology Holdings and raises the price target from $80 to $87.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence. This often results in a short-term positive impact on the stock price as the market adjusts to the new information.
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IMPORTANCE 85
RELEVANCE 100