Seagate Technology Aligns with Analyst Expectations on Target Price

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Seagate Technology Holdings PLC (Symbol: STX) shares have surpassed the average analyst 12-month target price of $100.76, currently trading at $103.68. This development prompts analysts to either downgrade the stock or adjust their target prices higher, influenced by the company’s fundamental business progress.

Within Zacks’ coverage, there are 17 analyst targets for STX, with a low estimate of $70.00 and a high of $130.00, resulting in a standard deviation of $14.289. Currently, analyst ratings include 10 strong buy, 7 hold, and no sell ratings, giving an average rating of 1.82 on a scale where 1 is strong buy.

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