JPMorgan downgraded Seagate Technology (NASDAQ: STX) from Neutral to Underweight with a price target of $15.00 (from $30.00).

For an analyst ratings summary and ratings history on Seagate Technology click here. For more ratings news on Seagate Technology click here.

Shares of Seagate Technology closed at $21.77 yesterday.

Analyst PT Change Downgrades

Seagate Technology (STX) Losses Mount Following Weak Results/OutlookMay 2, 2016 10:43 AM Jefferies Cut Price Target on Seagate Technology (STX) to $25 Following a Weak 3Q May 2, 2016 10:16 AM Seagate (STX) Bad Quarter As Expected - Wells FargoMay 2, 2016 9:53 AM UBS Cuts Price Target on Seagate Technology (STX) Following 3Q Report and Guidance May 2, 2016 8:50 AM RBC Capital Downgrades Seagate Technology (STX) to Sector PerformMay 2, 2016 6:47 AM BofA/Merrill Lynch Downgrades Seagate Technology (STX) to UnderperformApril 29, 2016 3:48 PM Cowen Cuts PT on Seagate (STX) to $23; Q3 Results Worse than ExpectedApril 29, 2016 2:59 PM Seagate (STX) PT Cut to $25 at BairdApril 29, 2016 1:00 PM Seagate Technology (STX) Sinks on Weak EPS, Outlook as Dividend Yield Balloons Past 11%April 29, 2016 12:44 PM Seagate Technology (STX) Misses Q3 EPS by 21cApril 29, 2016 8:03 AM Seagate Technology Reports Fiscal Third Quarter 2016 Financial ResultsApril 29, 2016 8:01 AM