Seagate (STX) Gains After Raising Sales and Earnings Guidance For Q4, Analyst Raises PT to Reflect Higher Estimates

Seagate Technology (STX) PT Raised to $110 at Rosenblatt on Higher Guidance

Rosenblatt 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