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

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Argus Reiterates Buy Rating on Seagate Technology (STX)

October 27, 2020 7:14 AM EDT

Argus analyst Jim Kelleher reiterated a Buy rating and $57.00 price target on Seagate Technology (NASDAQ: STX) following the company's 1Q earnings report. Seagate slightly missed consensus revenue expectations, but exceeded the consensus EPS estimate.

Going forward, the enterprise market is expected to... More