Morgan Stanley Raises Price Target for Seagate Technology Holdings by $268
On June 15, Morgan Stanley raised its price target on Seagate Technology Holdings (NASDAQ:STX) to $1,035 from $767 while maintaining an 'Overweight' rating. The firm cited stronger-than-expected HDD demand and pricing trends in Asia, with shortages expected through at least 2028.
Topics: HDD market outlook Morgan Stanley price target increase Seagate