Seagate Technology (STX) Tops Q3 EPS by 3c

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Go back to Seagate Technology (STX) Tops Q3 EPS by 3c

Seagate Technology (STX) PT Lowered to $45 at RBC Capital on 1Q Report; 'Risk is Further Revenue Declines'

April 26, 2017 2:29 PM EDT

RBC Capital lowered its price target on Seagate Technology (NASDAQ: STX) to $45.00 (from $50.00) while maintaining a Sector Perform rating, following the company's first quarter results.

Analyst Amit Daryanani notes the shares turned negative following the earnings announcement, as the company reported softer revenue... More

Seagate Technology (STX) PT Lowered to $45 at Stifel; These Two Items Causing Today's Massive Sell-Off

April 26, 2017 1:07 PM EDT

Stifel lowered its price target on Seagate Technology (NASDAQ: STX) to $45.00 (from $46.00) while maintaining a Hold rating following results today.

Analyst Aaron Rakers thinks the stock has reacted negatively today to these items:

1.) Lack of upside to $5/sh. EPS potential

2.) Moving beyond cost... More

Lack of In-House NAND at Seagate (STX) Hurting - Mizuho

April 26, 2017 12:37 PM EDT

Mizuho Securities analyst Vijay Rakesh weighed in on Seagate Technology (NASDAQ: STX) following results, which included a modest miss of the top line. Rakesh asks if NAND is making inrounds.

The company noted it was 1) not serving the... More