Seagate Technology (STX) Gains as Wall Street Debates Ripple Investment
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Seagate Technology (STX) PT Raised to $56 at Craig-Hallum
January 9, 2018 8:11 AM ESTCraig-Hallum raised its price target on Seagate Technology (NASDAQ: STX) to $56.00 while maintaining a Buy rating following better than expected results.
... MoreSeagate Technology (STX) PT Raised to $40 at Susquehanna Following December Preannouncement
January 9, 2018 7:34 AM ESTSusquehanna 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
Seagate (STX) Ripple Stake Worth ~$2B, Not ~$8B - Cowen
January 8, 2018 12:28 PM ESTCowen 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
Seagate Technology (STX) Ripple Unlikely To Have A Material Upside Impact - Susquehanna
January 8, 2018 10:39 AM ESTSusquehanna 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
Stocks with increasing unusual option volume: STX CSCO
January 8, 2018 9:43 AM ESTStocks with increasing unusual option volume: STX CSCO
... MoreCME Group (CME) on Watch as Seagate Technology (STX) Ramps on Ripple Stake
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
Seagate Technology (STX) Set to Open Higher on Report of Ripple Ownership
January 8, 2018 8:54 AM ESTSeagate 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.
... More