Form 8-K Seagate Technology plc For: Jul 11

Go back to Form 8-K Seagate Technology plc For: Jul 11

Cowen Lifts PT on Seagate (STX) to $26; Updates Ests Following Positive Q4 Preannouncement

July 12, 2016 6:55 AM EDT

Cowen and Company is lifting its price target on Market Perform-rated Seagate Technology (Nasdaq: STX) from $23 to $26 following positive preliniary Q4 results released Monday.

Analyst Karl Ackerman offered the following commentary late Monday: STXs unit guide implies some share loss during the Q, but we think this was concentrated in... More