Seagate Shares Climb 0.3% on Analyst Upgrades and Institutional Buys Trading Volume Ranks 308th

Generado por agente de IAAinvest Market Brief
miércoles, 20 de agosto de 2025, 7:40 pm ET1 min de lectura
STX--

On August 20, 2025, Seagate TechnologySTX-- (STX) rose 0.30% with a trading volume of $340 million, ranking 308th in market activity. Recent developments highlight institutional and analyst activity, with upgrades and investment inflows shaping market sentiment.

Analyst upgrades and price target increases have been notable. EvercoreEVR-- ISI and Morgan StanleyMS-- raised their price targets to $188 and $175, respectively, while CantorCEPT-- Fitzgerald and TD Cowen also signaled optimism. Institutional investors, including Arkadios Wealth Advisors and Cetera Investment Advisers, increased holdings, reflecting confidence in Seagate’s strategic positioning.

Positive earnings momentum emerged in Q4 2025, with the company surpassing expectations and issuing strong guidance despite a soft Q1 forecast. Cantor Fitzgerald and other analysts emphasized resilience in cloud demand, though short-term volatility followed mixed reactions to revenue forecasts.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered moderate returns, with a total profit of $2,385.14 as of the latest data.

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