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Wajeeh Khan

Seagate Technology Just Landed a $1,000 Price Target. Should You Buy Shares Here?

Seagate Seagate Technology STX Rosenblatt

Seagate Technology’s (STX) stellar Q3 earnings on April 29 prompted Rosenblatt analysts to double their price target on the data storage firm to $1,000, signaling more than 50% upside from here.

The Nasdaq-listed firm saw its revenue climb an exciting 44% in the third quarter on $4.10 in earnings per share (EPS) that topped Street estimates by a whopping 17%.

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