** Shares in Seagate Technology Holdings STX.O rose more than 3% on Friday, outperforming declines in the broader market, and hit 7-month high as multiple analysts boosted their price targets following its investor conference

** The mass-data storage infrastructure set targets through FY 2028 inc rev growth in low-to-mid teens CAGR; 40% gross margins with further expansion opportunity, incremental margin of ~50%, starting at $2.6 bln in quarterly rev; raised its share repurchase authorization to $5 bln

** Morgan Stanley analyst Erik Woodring raised PT to $140 from $99 and reinstated STX as "Top Pick", saying co still under-appreciated play on data growth

** Targets for rev, operating margins surpassed expectations, and share buybacks earlier than MS anticipated, Woodring noted

** Other Wall Street PT hikes include: Citi to $140 from $125, Wells Fargo to $122 from $105, BofA to $125 from $120, Benchmark to $128 from $120

** STX shares, which already added ~4% on Thursday, last at $111 after touching $112.38, highest since Oct 22

** The stock was one of just about 10 in the S&P 500 tech index .SPLRCT which were not in the red on Friday with the SPLRCT down more than 1% on the day

** With move on the session, shares up ~29% YTD compared to 4% drop in SPLRCT

(Reporting By Sinéad Carew)

((sinead.carew@thomsonreuters.com; +13322191897;))