Seagate Technology (STX) Prelim. Q1 Revenue Outpaces Expectations

Seagate Technology (STX) PT Raised to $50 at Brean Capital; Ahead of Schedule on $5 EPS

Brean Capital analyst Ananda Baruah reiterated a Buy rating and boosted his price target on Seagate Technology (NASDAQ: STX) to $50.00 (from $42.00) after the company pre-announced better-than-expected results. The firm sees the company ahead of schedule and driving to delivering $5.00 in normalized EPS.... More

Cowen Lifts PT on Seagate (STX) to $36; Sees Current Dividend Levels as 'Much More Sustainable'

Cowen & Company lifts its price target on Market Perform-rated Seagate Technology (Nasdaq: STX) from $32 to $36 following strong preliminary Q1 results issued early Tuesday.

Analyst Karl Ackerman commented today, The company continues to execute well on its cost savings initiatives that it laid out only a few short months ago. With a more streamlined cost... More

Benchmark Upgrades Seagate Technology (STX) to Buy

Benchmark upgraded Seagate Technology (NASDAQ: STX) from Hold to Buy with a price target of $45. The change follows strong preliminary Q1 results.

"Seagate preannounced upside results for the September quarter. Seagate now expects to report revenue of approximately $2.8 billion, and GAAP and non-GAAP gross... More

FBN Lifts TP on Seagate (STX) to $38 Amid Strong Prelim. Q1 Numbers

FBN lifts its price target on Sector Perform-rated Seagate (Nasdaq: STX) from $33 to $38 following positive preliminary Q1 results released earlier Tuesday.

The firm commented today: This morning, STX preannounced FQ1/Sept. quarter results above expectations. Revenue is now expected to be... More

Needham & Company Upgrades Seagate Technology (STX) to Strong Buy

Needham & Company upgraded Seagate Technology (NASDAQ: STX) from Buy to Strong Buy with a price target of $43.00 (from $39.00).

Analyst Richard Kugele commented, "In our view, a generally stable to improving demand environment is benefiting Seagate at the very moment it is well... More