Seagate Stock Rises After Analyst Upgrades To Buy. Western Digital Nabs Price-Target Hike.

Seagate Technology (STX) stock rose Friday, bouncing back from a recent pullback. Wells Fargo analysts upgraded the stock to a buy-equivalent rating, saying that upcoming earnings should restore investor confidence. "With the recent market pullback and increasing confidence in what we view as a path to plus-$50 earnings-per-share and significant (capital) return capacity ahead, we upgrade STX to overweight with a…