Notably, Evercore ISI has assigned STX stock a high price estimate of $330 and an “Outperform” rating. Evercore stated that Seagate's improved pricing discipline and technical advancements, such as Heat-Assisted Magnetic Recording (HAMR), are altering the competitive landscape and paving the way for a multi-year upcycle. Analysts at the firm say the HDD sector is now "on a path to transformation," with expanding margins, improved supply dynamics, and increased significance in the AI-driven data economy all ...