Mizuho Raises Price Target for Seagate Technology Holdings (STX)
On June 8, Mizuho upgraded its price target for Seagate Technology Holdings Plc (NASDAQ: STX) to $1,090 from $875 while maintaining an Outperform rating. The firm cited increased estimates following a quarterly AI application-specific integrated circuit roadmap call and expects potential growth in tensor processing units by 2028.
Topics: AI storage demand Mizuho upgrade Seagate Technology Wells Fargo update