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Seagate Technology (STX): Raising PT After Positive Preannouncement - Baird

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Seagate Technology (STX) PT Raised to $50 at Brean Capital; Ahead of Schedule on $5 EPS

October 12, 2016 9:39 AM EDT

Brean Capital analyst Ananda Baruah reiterated a Buy rating and boosted his price target on Seagate Technology (NASDAQ: STX) to $50.00 (from $42.00) after the company pre-announced better-than-expected results. The firm sees the company ahead of schedule and driving to delivering $5.00 in normalized EPS.... More