Seagate Technology Holdings plc (NASDAQ: STX) saw Mizuho increase its price target to $475 from $440, maintaining an Outperform rating due to earnings momentum and favorable industry conditions. December-quarter revenue reached $2.83 billion, up 7% sequentially and 22% year over year. Non-GAAP EPS hit $3.11, up 19% sequentially, with record levels in key metrics. March-quarter guidance projects revenue of $2.9 billion, implying 34% year-over-year growth at the midpoint. STX anticipates continued improvement through 2026, emphasizing operating leverage and earnings expansion. Headquarters are in Fremont, California, with operations globally. AI stocks may offer greater upside potential and less downside risk compared to STX. Check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: Mizuho Lifts Seagate (STX) to $475, Citing Continued Storage Upswing