Seagate Technology (STX) PT Lowered to $45 at RBC Capital on 1Q Report; 'Risk is Further Revenue Declines'
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Seagate Technology (STX) PT Lowered to $50 at Jefferies
April 27, 2017 9:02 AM EDTJefferies lowered its price target on Seagate Technology (NASDAQ: STX) to $50.00 (from $55.00) while maintaining a Buy rating.
... MoreSeagate Technology (STX) PT Lowered to $45 at Stifel; These Two Items Causing Today's Massive Sell-Off
April 26, 2017 1:07 PM EDTStifel 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
Seagate Technology (STX) Declares $0.63 Quarterly Dividend; 5% Yield
April 26, 2017 8:04 AM EDTSeagate Technology (NASDAQ: STX) declared a quarterly dividend of $0.63 per share, or $2.52 annualized.
The dividend will be payable on July 5, 2017, to stockholders of record on June 21, 2017, with an ex-dividend date of June 19, 2017.
The annual yield on the dividend is 5 percent.
For... More
Seagate Technology (STX) Tops Q3 EPS by 3c
April 26, 2017 8:03 AM EDTSeagate Technology (NASDAQ: STX) reported Q3 EPS of $1.10, $0.03 better than the analyst estimate of $1.07. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.71 billion.
The results of our financial performance this quarter reflect a stable demand environment, good operational... More
