Morgan Stanley boosts Seagate's target

|About: Seagate Technology plc (STX)|By:, SA News Editor

Morgan Stanley's Katy Huberty increases Seagate Technology's (NASDAQ:STX) price target from $48 to $56 and maintains an Overweight rating.

Last month, Seagate reported Q2 results that beat EPS estimates but met on revenue and included downside Q3 guidance.

Seagate shares are up 0.3% to $47.05.

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