Seagate Price Target Upgrade to $215 on Growth Catalysts

about 1 month ago

Christine Aquino

"We did get news today saying that its price target was increased to 215 from 170 at Bank of America. Bloomberg Intelligence did project a 16% sales growth for fiscal 2026 because they see its cloud dynamics as favorable because of data center deployments and AI catalysts."

Seagate (STX) has seen a significant price target upgrade by Bank of America from $170 to $215, coupled with Bloomberg Intelligence projecting a 16% sales growth for fiscal 2026 driven by robust cloud and AI catalysts. The surge in trading volume further supports the bullish case, making STX an actionable buy.

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