Seagate price target raised to $215 from $167 at Citi

Citi raised the firm’s price target on Seagate (STX) to $215 from $167 and keeps a Buy rating on the shares. The analyst left Citi’s technology conference increasingly positive on storage fundamentals. Training and inference-led artificial intelligence demand will drive the need for storage components in 2026, the analyst tells investors in a research note. Citi upped targets across the storage industry component space post its conference.

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