Seagate price target raised to $200 from $180 at Barclays

Barclays analyst Tom O’Malley raised the firm’s price target on Seagate (STX) to $200 from $180 and keeps an Equal Weight rating on the shares. The firm modestly increased hard-disk-drive industry units and selling prices versus its prior estimates, resulting in a revenue uptick of 3.5% in 2026. Industry supply remains tight and there are not signs of slowing demand, the analyst tells investors in a research note.

Claim 55% Off TipRanks