Seagate Technology Reports Fiscal Second Quarter 2018 Financial Results

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Go back to Seagate Technology Reports Fiscal Second Quarter 2018 Financial Results

Seagate Technology (STX) PT Raised to $50 at Evercore ISI

January 29, 2018 5:01 PM EST

Evercore ISI raised its price target on Seagate Technology (NASDAQ: STX) to $50.00 (from $34.00) while maintaining a In Line rating.

Analyst C.J. Muse highlights improving mix shift to the Enterprise and excellent cost control as well as buybacks as contributing to... More

Seagate Technology (STX) PT Raised to $53 at BMO Capital

January 29, 2018 4:58 PM EST

BMO Capital raised its price target on Seagate Technology (NASDAQ: STX) to $53.00 (from $40.00) while maintaining a Market Perform rating.

Analyst Tim Long commented, "Seagate reported favorable results for December, in line with the earlier preannounce. The upside to revenue was driven by better Capacity... More

Seagate Technology (STX) PT Raised to $50 at Susquehanna

January 29, 2018 3:42 PM EST

Susquehanna raised its price target on Seagate Technology (NASDAQ: STX) to $50.00 (from $40.00) while maintaining a Neutral rating.

Analyst Mehdi Hosseini commented, "STX is executing well in the high-cap Nearline segment, though we remind investors that competition is expected to intensify as Toshiba... More

Seagate Technology (STX) PT Raised to $53 at Cowen

January 29, 2018 3:37 PM EST

Cowen raised its price target on Seagate Technology (NASDAQ: STX) to $53.00 (from $47.00) while maintaining a Market Perform rating.

A robust Karl Ackerman notes hyperscale capex cycle puts $5 EPS power in sight for the first time since C2014, as a refined cost structure... More

Seagate Technology (STX) PT Raised to $60 at FBN Securities

January 29, 2018 11:31 AM EST

FBN Securities raised its price target on Seagate Technology (NASDAQ: STX) to $60.00 (from $50.00) while maintaining a Sector Perform rating following results.

Analyst Shebly Seyrafi highlights that enterprise drives upside as CSPs start buying aggressively.

As for Ripple, the company would not... More

Seagate Technology (STX) Tops Q2 EPS by 13c

January 29, 2018 8:02 AM EST

Seagate Technology (NASDAQ: STX) reported Q2 EPS of $1.48, $0.13 better than the analyst estimate of $1.35. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.86 billion.

Achieving year-over-year revenue and profitability growth and significant cash flow generation in the December quarter reflects... More