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Seagate stock jumps as Wells Fargo upgrade boosts AI storage outlook

Seagate Technology (STX) shares rose on Friday after Wells Fargo upgraded the data storage company to an Overweight rating. The analyst cited growing confidence in its long-term earnings potential and sustained demand for hard-disk drives (HDDs) driven by artificial intelligence infrastructure. The upgrade comes after Seagate shares pulled back in recent weeks amid concerns over [...] The post Seagate stock jumps as Wells Fargo upgrade boosts AI storage outlook appeared first on ETF Alerts .

· 7/11/2026, 12:40:52 AM· 2 min read
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