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Morgan Stanley Adjusts Price Target on Seagate Technology to $582 From $468, Maintains Overweight Rating
Morgan Stanley has increased its price target for Seagate Technology (STX) to $582 from $468, while reiterating an Overweight rating on the stock. This adjustment reflects a positive outlook for the company. The article also provides a brief overview of Seagate’s business, which includes mass data storage systems, internal hard drives, and external storage solutions.