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Seagate (STX) jumps as bullish analyst target hikes and strong AI-storage outlook keep momentum intact
Seagate Technology Holdings plc (STX) stock rose by 6.9% due to continued bullish sentiment, strong recent results, and an optimistic March-quarter outlook. Analyst price targets have increased, driven by anticipated AI/data-center storage demand and the company’s HAMR technology ramp. Insider trading shows 141 sales by executives and no purchases in the last six months, while institutional investors have both added and decreased positions.