Seagate Technology (STX) Tops Q3 EPS by 12c, Offers Q4 Guidance
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Seagate Technology (STX) PT Raised to $50 at RBC Capital
April 30, 2019 11:03 AM EDTRBC Capital analyst Mitch Steves raised the price target on Seagate Technology (NASDAQ: STX) to $50.00 (from $49.00) while maintaining a Sector Perform rating.
Steves noted a solid quarter highlighted by: 1) message for 2H improvement, 2) solid results despite continued CPU constraints and 3) notable opex controls to protect EPS.
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