Global Markets
Seagate Technology Holdings Gets Buy Rating
724FinanceGökberk Uçar
Melius Research initiated coverage of Seagate Technology Holdings plc (NASDAQ:STX) with a Buy rating and a $1,600 price target. Analyst Ben Reitzes said hard disk drives retain long-term strategic value as AI, particularly video and physical AI, speeds up storage demand. Seagate CEO Dave Mosley said the company is entering