Form 8-K Seagate Technology plc For: Aug 02

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Go back to Form 8-K Seagate Technology plc For: Aug 02

Seagate Technology (STX) PT Raised to $31 at BMO Capital

August 2, 2016 3:25 PM EDT

BMO Capital analyst Tim Long raised his price target on Seagate Technology (NASDAQ: STX) to $31.00 (from $22.00) following results that were in line with the positive pre-announcement, as well as strong guidance. The firm maintained a Market Perform rating.

Long commented, "Gross margin... More

Seagate Technology (STX) PT Raised to $31 at RBC Capital; 'Sector Perform' Maintained

August 2, 2016 2:06 PM EDT

RBC Capital analyst Amit Daryanani raised his price target on Seagate Technology (NASDAQ: STX) to $31.00 (from $27.00) following "impressive" Q4 results at $2.65B/ $0.69 versus consensus of $2.61B/$053, but maintained an Sector Perform rating.

Daryanani commented, "STX reported an impressive June-qtr vs. expectations and guided Sept-qtr... More