Seagate Introduces Hard Drive Capacities of Up to 36TB, Extending Its HAMR-Based Mozaic 3+ Technology Platform
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Baird Reiterates Outperform Rating on Seagate Technology (STX)
January 22, 2025 4:49 AM ESTBaird analyst Tristan Gerra reiterated an Outperform rating and $120.00 price target on Seagate Technology (NASDAQ: STX)
The analyst comments "Hyperscaler capex is poised to increase further this year. Nearline EB shipments exceeded for the first time the F4Q22 peak, increasing 77% YoY.... More
Summit Insights Upgrades Seagate Technology (STX) to Buy 'on the upcoming HAMR technology transition'
January 22, 2025 4:31 AM ESTSummit Insights analyst Kinngai Chan upgraded Seagate Technology (NASDAQ: STX) from Hold to Buy.
The analyst comments "We are upgrading STX to a buy as we expect its HAMR HDD to drive upside to its gross margin in 2H25. We expect the current... More
This data storage stock is a new Top Pick at Morgan Stanley
January 21, 2025 4:00 PM ESTMorgan Stanley named its new top IT hardware pick in a note Tuesday, saying it now has greater confidence in the company.
Seagate Technology (NASDAQ: STX)has been elevated to the bank's top pick, driven by increased confidence in the longevity of the hard disk drive (HDD) cycle and improved gross margins.
The firm set a new price... More
