Seagate Technology Holdings (NASDAQ:STX) is one of the best performing S&P 500 stocks in 2025. On December 17, Morgan Stanley analyst Erik Woodring raised the firm’s price target on Seagate to $337 from$270 with an Overweight rating on the shares. This decision was made as the firm’s 2026 IT Hardware strategy prioritized ‘cloud capex winners’ and product-cycle leaders, while flagging risks for hardware OEMs. Due to concerns over rising memory costs, the firm suggests being Underweight on memory-heavy name ...