Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Aanchal Sugandh

JPMorgan Says Data Center Demand Will Lift Seagate Stock Even Higher. Should You Buy STX Now?

Global investment bank J.P. Morgan has stepped up and made its stance clear, signaling that Seagate Technology Holdings plc (STX), the mass capacity storage leader, may still have more upside in store as rising data center demand keeps the growth engine running strong. 

The firm has placed Seagate on its Positive Catalyst Watch, reinforcing its confidence in the company’s path ahead. Samik Chatterjee and his team see Seagate holding a clear edge in the hard disk drive (HDD) space, where firm data center demand and supportive pricing trends continue to build momentum. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.