Seagate Updates Fiscal Fourth Quarter 2021 Guidance
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Seagate (STX) Gains After Raising Sales and Earnings Guidance For Q4, Analyst Raises PT to Reflect Higher Estimates
June 8, 2021 12:20 PM EDTShares of Seagate Technology (NYSE: STX) are up 1.5% today after the company raised its sales and profit guidance for the fiscal fourth quarter in 2021.
On April 22, the company said it is calling for sales between $2.7 billion and $3.0 billion and EPS between $1.45 per share and $1.75 per share. This range is now updated to a range between $2.80 billion and $3.1 billion with EPS between... More
Seagate Technology (STX) PT Raised to $110 at Rosenblatt on Higher Guidance
June 8, 2021 11:56 AM EDTRosenblatt analyst Kevin Cassidy raised the price target on Seagate Technology (NASDAQ: STX) to $110.00 (from $95.00) while maintaining a Buy rating.
The analyst commented, "Following management's upward revision to the June quarter guidance and CFO Gianluca Romano's comments around increasing prices and... More
