Wells Fargo Upgrades Seagate Stock to 'Overweight' With Potential Upside of 27%
Wells Fargo has upgraded Seagate (STX) stock to 'Overweight', citing strong demand and rising average selling prices. The firm's price target suggests a potential upside of 27% from current levels, driven by continued demand visibility and robust free cash flow generation.
Topics: HDD market Seagate stock upgrade Wells Fargo