Citigroup Lifts Seagate Technology (STX) Price Target By More Than 55 Percent With Buy Rating
Citigroup has raised its price objective on Seagate Technology (NASDAQ: STX) from $740.00 to $1,150.00, a substantial increase reflecting renewed analyst confidence in the stock. The Wall Street bank accompanied the upgraded price target with a “buy” rating on the data storage company, signaling a bullish outlook. The new target of $1,150.00 represents a significant…