Seagate stock slips despite fresh $700 target as Wall Street braces for jobs, CPI
Seagate shares fell 0.4% to $427.48 in Monday afternoon trading, underperforming a stronger tech sector despite Loop Capital raising its price target to $700 and UBS lifting its target to $440 while staying neutral. Investors are watching U.S. jobs data due Feb. 11 and inflation figures on Feb. 13 for signals on interest rates and tech valuations.