On Oct 23, major Wall Street analysts update their ratings for $Seagate Technology (STX.US)$, with price targets ranging from $120 to $135.
Morgan Stanley analyst Erik Woodring maintains with a buy rating, and maintains the target price at $133.
BofA Securities analyst Wamsi Mohan maintains with a buy rating, and sets the target price at $130.
Citi analyst Asiya Merchant maintains with a buy rating, and adjusts the target price from $125 to $130.
Wells Fargo analyst Aaron Rakers maintains with a hold rating, and maintains the target price at $120.
Evercore analyst Amit Daryanani maintains with a buy rating, and adjusts the target price from $125 to $135.
Furthermore, according to the comprehensive report, the opinions of $Seagate Technology (STX.US)$'s main analysts recently are as follows:
Seagate's recent performance surpassed expectations, bolstered by an uptick in demand for high-capacity drives and advantageous pricing conditions. Analysts note that the company's management anticipates this strong demand to persist, supported by the rising needs in the cloud and enterprise sectors.
The firm maintains a positive outlook on Seagate due to secular demand trends driven by Cloud services, as well as revenue and margin recovery from previous low points. It is also noted that Seagate's gross margins are expected to improve as a result of a favorable sales mix and increased pricing.
Seagate's recent quarterly results exhibited significant positive performance. The industry, along with Seagate, is adopting a more disciplined approach, particularly in terms of expanding capacity only when justified by adequate returns. The possibility of a cyclical recovery could pave the way for earnings per share to exceed $12, which may contribute to the stock's positive trajectory.
Here are the latest investment ratings and price targets for $Seagate Technology (STX.US)$ from 9 analysts:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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美東時間10月23日，多家華爾街大行更新了$希捷科技 (STX.US)$的評級，目標價介於120美元至135美元。
摩根士丹利分析師Erik Woodring維持買入評級，維持目標價133美元。
美銀證券分析師Wamsi Mohan維持買入評級，目標價130美元。
花旗分析師Asiya Merchant維持買入評級，並將目標價從125美元上調至130美元。
富國集團分析師Aaron Rakers維持持有評級，維持目標價120美元。
Evercore分析師Amit Daryanani維持買入評級，並將目標價從125美元上調至135美元。
此外，綜合報道，$希捷科技 (STX.US)$近期主要分析師觀點如下：
希捷最近的表現超出了預期，由於對高容量硬盤需求上升和有利的價格條件，受到支撐。分析師指出，公司管理層預計這種強勁需求將持續，受到雲和企業領域需求增長的支持。
該公司對希捷保持樂觀態度，這是由雲服務驅動的長期需求趨勢，以及從先前低點回升的營業收入和利潤率而言。還指出，由於銷售混合和價格增加的有利影響，希捷的毛利率預計將有所改善。
希捷最近的季度業績表現顯著。該行業與希捷一同採取更加謹慎的做法，特別是在僅在獲得充分回報時才擴大產能的方面。週期性復甦的可能性可能會導致每股收益超過12美元，這可能有助於股票的正向發展。
以下爲今日9位分析師對$希捷科技 (STX.US)$的最新投資評級及目標價：
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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