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Seagate price target raised to $125 from $90 at Barclays

Barclays analyst Tom O’Malley raised the firm’s price target on Seagate (STX) to $125 from $90 and keeps an Equal Weight rating on the shares post the earnings report. The company’s miss into the September quarter is “not ideal” but not indicative of “anything disturbing,” the analyst tells investors in a research note.

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