Seagate Stock Soars as Analysts Raise Targets on AI-Driven Data Storage Demand

1. Seagate shares surged after better-than-expected quarterly results. 2. Morgan Stanley names STX as a 'top pick' due to AI-driven demand. 3. Analysts increased price targets: Morgan Stanley to $134, Mizuho to $115. 4. STX ramping up production of high-capacity HAMR drives. 5. Shares increased by 7% Wednesday, up 21% over the year.