On Oct 23, major Wall Street analysts update their ratings for $Seagate Technology (STX.US)$, with price targets ranging from $120 to $135.
Morgan Stanley analyst Erik Woodring maintains with a buy rating, and maintains the target price at $133.
BofA Securities analyst Wamsi Mohan maintains with a buy rating, and sets the target price at $130.
Citi analyst Asiya Merchant maintains with a buy rating, and adjusts the target price from $125 to $130.
Wells Fargo analyst Aaron Rakers maintains with a hold rating, and maintains the target price at $120.
Evercore analyst Amit Daryanani maintains with a buy rating, and adjusts the target price from $125 to $135.
Furthermore, according to the comprehensive report, the opinions of $Seagate Technology (STX.US)$'s main analysts recently are as follows:
Seagate's recent performance surpassed expectations, bolstered by an uptick in demand for high-capacity drives and advantageous pricing conditions. Analysts note that the company's management anticipates this strong demand to persist, supported by the rising needs in the cloud and enterprise sectors.
The firm maintains a positive outlook on Seagate due to secular demand trends driven by Cloud services, as well as revenue and margin recovery from previous low points. It is also noted that Seagate's gross margins are expected to improve as a result of a favorable sales mix and increased pricing.
Seagate's recent quarterly results exhibited significant positive performance. The industry, along with Seagate, is adopting a more disciplined approach, particularly in terms of expanding capacity only when justified by adequate returns. The possibility of a cyclical recovery could pave the way for earnings per share to exceed $12, which may contribute to the stock's positive trajectory.
Here are the latest investment ratings and price targets for $Seagate Technology (STX.US)$ from 9 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美東時間10月23日，多家華爾街大行更新了$希捷科技 (STX.US)$的評級，目標價介於120美元至135美元。
摩根士丹利分析師Erik Woodring維持買入評級，維持目標價133美元。
美銀證券分析師Wamsi Mohan維持買入評級，目標價130美元。
花旗分析師Asiya Merchant維持買入評級，並將目標價從125美元上調至130美元。
富國集團分析師Aaron Rakers維持持有評級，維持目標價120美元。
Evercore分析師Amit Daryanani維持買入評級，並將目標價從125美元上調至135美元。
此外，綜合報道，$希捷科技 (STX.US)$近期主要分析師觀點如下：
西數最近的表現超出預期，受益於對高容量硬盤需求的回暖和有利的定價條件。分析師指出，公司管理層預計這種強勁需求將持續，得到雲端和企業領域需求增長的支持。
由於雲服務驅動的長期需求趨勢、營收和利潤率從歷史低點恢復，該公司對西數持積極態度。還指出，由於良好的銷售組合和提價，西數的毛利率有望改善。
西數最近季度業績表現顯著向好。行業與西數一樣，在擴大產能方面採取更加謹慎的態度，尤其是在只有合理回報時才擴大產能的情況下。週期性復甦的可能性可能導致每股收益超過12美元，這有望對股票的正向軌跡產生影響。
以下爲今日9位分析師對$希捷科技 (STX.US)$的最新投資評級及目標價：
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
