Seagate (STX) volatility flat into ValueAct Capital to buy 9.5M share stake

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Stifel Affirms Seagate Tech (STX) at 'Hold'; ValueAct Buy Means Samsung Sale?

September 9, 2016 11:58 AM EDT

Stifel affirms Seagate Technology plc (Nasdaq: STX) with a Hold rating and $35 price target after the company announced a secondary block trade transaction and that ValueAct Capital would become its largest shareholder.

The firm commented today, While we have not spoken with... More