Seagate Technology's stock surged 241% since the last coverage, vastly outperforming the benchmark's 7% gain. The analyst remains bullish on Seagate due to strong AI-driven demand and growth catalysts in data center and memory markets. However, the rating was downgraded from Strong Buy to Buy, as much of the upside potential is already priced in. While further gains are possible, there is also a risk of a price pullback.

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Seagate Technology stock jumps 241%, remains bullish despite downgrade to Buy from Strong Buy

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Tech stocks slump amid semiconductor selloff; US-Iran tensions rise, oil prices drop sharply.

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Seagate Technology stock jumps 241%, remains bullish despite downgrade to Buy from Strong Buy

More News (STX)

Tech stocks slump amid semiconductor selloff; US-Iran tensions rise, oil prices drop sharply.

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