Form 8-K Seagate Technology plc For: Apr 17
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Seagate's (STX) Outlook Should be Viewed as Positive Given Expectations of Flat Sequential Segment Growth - Stifel (WDC)
April 17, 2015 11:31 AM EDTStifel affirms Seagate Technology (Nasdaq: STX) with a Hold rating following the tech giant's Q3 report and Q4 outlook issued earlier Friday.
Analyst Aaron C. Rakers noted that Seagate's Q4 outlook calling for revenue of $3.2 to $3.2 billion (versus the firm's $3.3 bilion) and gross margin of 28.5 percent should be viewed as a positive. This is... More
