Seagate stock jumps nearly 6% as Mizuho lifts target to $400 ahead of earnings
Seagate shares jumped 5.7% to $378.59 midday Tuesday after Mizuho raised its price target to $400 ahead of the company’s fiscal Q2 results due after the close. Western Digital gained 5.5%. Options markets are pricing in a 7% post-earnings swing. Seagate will hold its investor call at 5:00 p.m. ET.