Morgan Stanley lifts Seagate target after F4Q26 beat and stronger guidance
Morgan Stanley said Seagate Technology's F4Q26 results and September-quarter guidance both came in above expectations.
Morgan Stanley said Seagate Technology's F4Q26 results and September-quarter guidance both came in above expectations.
Morgan Stanley also said demand visibility now extends to CY28 and that pricing growth is accelerating year over year. It argued that HDDs stand out in AI capital spending because of differentiated resilience, leaving room for further valuation rerating.
Morgan Stanley also said demand visibility now extends to CY28 and that pricing growth is accelerating year over year. It argued that HDDs stand out in AI capital spending because of differentiated resilience, leaving room for further valuation rerating.