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Barchart
Barchart
Wajeeh Khan

Wells Fargo Just Upgraded Seagate Stock. Here's Why.

Seagate Wells Fargo Aaron Rakers STX Seagate Technology Barchart

Seagate Technology (STX) is extending gains on Friday morning after a senior Wells Fargo analyst issued a bullish note in favor of the data storage specialist.

Aaron Rakers now rates the Nasdaq-listed firm “Overweight” with a $1,100 price target, which signals potential for another 22% rally from current levels.

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