We recently compiled a list of the 10 Important AI News on Investor Radars. In this article, we are going to take a look at where Seagate Technology Holdings plc (NASDAQ:STX) stands against the other AI stocks.

Summit Insights upgraded shares of Seagate Technology (NASDAQ:STX – Free Report) from a hold rating to a buy rating in a research note released on Wednesday, Marketbeat reports. Other equities analysts also recently issued reports about the company.

All participants will be in listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions. [Operator instructions] Please note this event is being recorded.

What Happened? Shares of data storage manufacturer Seagate (NASDAQ:STX) jumped 9.2% in the morning session after the company reported fourth-quarter results that blew past analysts' EPS expectations,

Seagate Technology's (NASDAQ:STX) stock jumped about 6% premarket on Wednesday after fiscal second quarter results beat estimates, which drew positive reactions from analysts. Benchmark Equity upgraded Seagate's rating to Buy from Hold with a $120 target price.