JPMorgan Upgrades Seagate Technology (STX) to Neutral
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Cowen Lifts PT on Seagate (STX) to $36; Sees Current Dividend Levels as 'Much More Sustainable'
October 11, 2016 3:05 PM EDTCowen & Company lifts its price target on Market Perform-rated Seagate Technology (Nasdaq: STX) from $32 to $36 following strong preliminary Q1 results issued early Tuesday.
Analyst Karl Ackerman commented today, The company continues to execute well on its cost savings initiatives that it laid out only a few short months ago. With a more streamlined cost... More
FBN Lifts TP on Seagate (STX) to $38 Amid Strong Prelim. Q1 Numbers
October 11, 2016 12:35 PM EDTFBN lifts its price target on Sector Perform-rated Seagate (Nasdaq: STX) from $33 to $38 following positive preliminary Q1 results released earlier Tuesday.
The firm commented today: This morning, STX preannounced FQ1/Sept. quarter results above expectations. Revenue is now expected to be... More