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JPMorgan Upgrades Seagate Technology (STX) to Neutral

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Cowen Lifts PT on Seagate (STX) to $36; Sees Current Dividend Levels as 'Much More Sustainable'

October 11, 2016 3:05 PM EDT

Cowen & 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 EDT

FBN 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