Form 8-K Seagate Technology plc For: May 01

Go back to Form 8-K Seagate Technology plc For: May 01

Seagate Technology (STX) PT Raised to $52 at Baird; 'EB Comps Likely Peaking'

May 1, 2018 1:43 PM EDT

Baird raised its price target on Seagate Technology (NASDAQ: STX) to $52.00 (from $48.00) while maintaining a Neutral rating saying EB YoY comps are likely peaking this quarter.

Analyst Tristan Gerra commented, "We also expect Client Compute EB to return to a secular YoY decline as... More