Mizuho raised its price target for Seagate Technology (STX) to $1,090.00 from $875.00. The firm maintained an outperform rating on the stock. This new target represents a potential upside of approximately 24%.
The revision reflects surging demand for high-capacity drives used in AI and data centers. Wall Street sentiment remains positive with a consensus Moderate Buy rating. Across 22 analysts, the average price target for the company stands at $876.55.