Cantor Fitzgerald analyst C.J. Muse raised the firm’s price target on Seagate (STX) to $400 from $280 and keeps an Overweight rating on the shares. After meeting with Seagate’s management, Cantor continues to see “meaningful” upside to consensus estimates with a path to $20-$25 in EPS by fiscal 2028, if not sooner, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STX:
- Early notable gainers among liquid option names on November 5th
- Seagate Tech Enters Exchange Agreements for Notes
- Seagate management to meet with Cantor
- Western Digital price target raised to $180 from $150 at Wells Fargo
- STX, PLTR: Seagate Surpasses Palantir to Become the Top Performer in the S&P 500 (SPX)