Baird analyst Tristan Gerra raised the firm’s price target on Seagate (STX) to $270 from $188 and keeps an Outperform rating on the shares. The firm updated its model as the company’s ongoing transformation/gorss margin expansion is ongoing and where AI drivers are seen ahead.
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Read More on STX:
- Seagate price target raised to $275 from $255 at BofA
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