Seagate Technology Holdings Reaches Analyst Target Price
January 28, 2022 at 07:42 AM EST
In recent trading, shares of Seagate Technology Holdings PLC (STX) have crossed above the average analyst 12-month target price of $100.76, changing hands for $103.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..