Seagate Technology Revises Fiscal First Quarter 2023 Outlook

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Seagate Technology (STX) PT Lowered to $75 at Mizuho Securities

August 31, 2022 5:24 PM EDT

Mizuho Securities analyst Vijay Rakesh lowered the price target on Seagate Technology (NASDAQ: STX) to $75.00 (from $83.00) while maintaining a Neutral rating following lower guidance.

The analyst commented, "STX today lowered its guidance for SepQ Rev from $2.5B to $2.1B and EPS to... More