Seagate Technology (STX) Tops Q4 EPS by 13c
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Seagate's (STX) PT Raised to $50 at FBN, Analyst Maintains Sector Perform Rating
July 31, 2015 2:40 PM EDTFBN Securities maintained a Sector Perform rating on Seagate Technology (NASDAQ: STX) but raised its price target to $55.00 (from $50.00). Comments follow Q4 results. Analyst Shebly Seyrafi noted the company gained share and is reducing opex, but he continues to see the stock as fairly valued.
"Although STX expects FQ1 revenue of $2.9-$3.1B, which is below consensus, it... More
