Allianz Asset Management GmbH reduced its stake in Seagate Technology Holdings PLC (NASDAQ:STX), while New York State Common Retirement Fund, Readystate Asset Management LP, and Forte Capital LLC upped their holdings. Seagate's Q4 earnings outlook indicates another potential beat making a strong case for investors. The company recently unveiled 30TB Drives to meet Data Center AI Storage Demand and declared its strategy to build long-term value in today's data-driven world at 2025 Investor and Analyst Event. A consistent performance with strong trading days has outshined the competitors making it one of the best data storage stocks to invest in. Loop Capital Markets maintained a buy on STX projecting a $200 price target. BofA also maintains buy noting the company's innovative strides in tech. STX surged on robust demand for AI storage solutions and analysts signaled it's an overlooked investment opportunity. Meanwhile, the company revealed plans for a $400 million Senior Unsecured Notes Offering.
Seagate Technology Holdings Plcs STX News Analytics from Sun, 01 Dec 2024 08:00:00 GMT to Sat, 26 Jul 2025 07:22:33 GMT -
Rating 8
- Innovation 5
- Information 8
- Rumor -6
