Seagate Upgraded as SK Hynix Enters U.S. Markets & STX Options Trade

Seagate (STX) shares edged higher following a Wells Fargo upgrade, signaling improved analyst conviction. The same note reportedly raised Western Digital (WDC) price targets, supporting sentiment across the storage peer group, but the move appears modest given shares only moved slightly.

Analysis

Seagate (STX) shares edged higher following a Wells Fargo upgrade, signaling improved analyst conviction. The same note reportedly raised Western Digital (WDC) price targets, supporting sentiment across the storage peer group, but the move appears modest given shares only moved slightly.