Seagate Stock Soars as Analysts Raise Targets on AI-Driven Data Storage Demand
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Seagate Technology (STX) shares surged after analysts increased their price targets following better-than-expected fiscal second-quarter results, driven by AI-related data storage demand.
January 22, 2025 | 11:00 pm
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Seagate Technology's stock price increased significantly as analysts raised their price targets due to strong fiscal Q2 results, driven by AI-related data storage demand.
The stock price of Seagate Technology rose as analysts raised their price targets following the company's fiscal Q2 results, which exceeded expectations. The demand for AI-driven data storage solutions is a key factor in this positive outlook.
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