Seagate Technology (STX) PT Lowered to $93 at BofA Securities

Go back to Seagate Technology (STX) PT Lowered to $93 at BofA Securities

Benchmark Downgrades Seagate (STX) and Western Digital (WDC) on Weak Outlook

September 1, 2022 9:06 AM EDT

Benchmark analyst Mark Miller downgraded shares of Seagate (NASDAQ: STX) to Hold from Buy after the company lowered its FQ1 forecast.

The storage company cited weaker economic trends in some parts of Asia, but also more cautious behavior on the side... More