Seagate Technology Reports Fiscal Second Quarter 2023 Financial Results

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Go back to Seagate Technology Reports Fiscal Second Quarter 2023 Financial Results

Analysts expect slow recovery for Seagate Technology (STX) despite positive earnings

January 26, 2023 10:23 AM EST

Seagate Technology (NASDAQ: STX) shares jumped at the open Thursday following its latest earnings results, which gave analysts at Morgan Stanley and Credit Suisse slightly more confidence in the company's recovery.

Credit Suisse analyst Shannon Cross maintained a Neutral rating and $69 price target on Seagate, stating the company's earnings signal that the quarter is... More