Seagate Technology (STX) Gains as Wall Street Debates Ripple Investment
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January 9, 2018 8:11 AM EST
Craig-Hallum raised its price target on Seagate Technology (NASDAQ: STX) to $56.00 while maintaining a Buy rating following better than expected results.
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January 9, 2018 7:34 AM EST
Susquehanna raised its price target on Seagate Technology (NASDAQ: STX) to $40.00 (from $39.00) while maintaining a Neutral rating following a positive preannouncement of the December Quarter. The strength in Nearline and Client HDD were driving upside to overall HDD unit shipments for the industry, with... More
January 8, 2018 12:28 PM EST
Cowen analyst Karl Ackerman weighed in on Seagate Technology (NASDAQ: STX) amid speculation the company's Ripple investment could be worth ~$8 billion.
While Ackerman thinks STX still holds a minority position in Ripple, he thinks the stake is just ~$2 billion, not the ~$8... More
January 8, 2018 10:39 AM EST
Susquehanna maintains Neutral on Seagate Technology (NASDAQ: STX) price target of $39.00.
Analyst Mehdi Hosseini comments "STX's investment in Ripple Labs is intriguing, but we do not view this as a material upside driver given that it is an equity investment... More
January 8, 2018 9:43 AM EST
Stocks with increasing unusual option volume: STX CSCO
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January 8, 2018 9:36 AM EST
(Updated - January 8, 2018 9:41 AM EST)
CME Group (NASDAQ: CME) was on watch Monday after Seagate Technology (NASDAQ: STX) surged 15% amid... More
January 8, 2018 8:54 AM EST
Seagate Technology (NASDAQ: STX) was set to open higher Monday. The reason for the spike wasn't clear but appears tied to a report it has a large ownership of digital currency Ripple.
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