Wells Fargo Maintains Equal-Weight on Seagate Tech Hldgs, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Equal-Weight rating on Seagate Technology Holdings (STX) and increased the price target from $80 to $90.
February 01, 2024 | 1:53 pm
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Wells Fargo has maintained an Equal-Weight rating on Seagate Technology Holdings and raised the price target from $80 to $90.
The increase in price target from $80 to $90 by a major analyst like Wells Fargo suggests a positive outlook on Seagate Technology Holdings' stock. This adjustment reflects an expectation of stronger performance or favorable market conditions for STX, likely leading to increased investor confidence and potentially a short-term increase in stock price.
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