Seagate Technology PLC (NASDAQ:STX) has been upgraded to Neutral in a statement by JPMorgan Chase & Co. earlier today.
- Updated: October 16, 2016
Showing a price of $37.97, Seagate Technology PLC (NASDAQ:STX) traded -0.06% lower on the day. With the last close up 20.89% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $36.23 and a two hundred day average of $29.09. Trade Volume was up over the average, with 5,413,491 shares of STX changing hands over the typical 4,811,160
JPMorgan Chase & Co. has upgraded Seagate Technology PLC (NASDAQ:STX) to Neutral in a statement released on 10/11/2016.
On Friday October 07, 2016, BTIG Research released a statement for Seagate Technology PLC (NASDAQ:STX) bumped up the target price from $36.00 to $45.00 that suggested an upside of 0.18%.
Recent Performance Chart
Seagate Technology PLC has PE ratio of 42.88 with a one year low of $18.42 and a one year high of $41.83 and has a market capitalization of $0.
A total of 25 brokerages have issued a ratings update on Seagate Technology PLC. Four brokerages rating the company a strong buy, four brokerages rating the company a buy, twenty brokerages rating the company a hold, three brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $27.84.
General Company Details For Seagate Technology PLC (NASDAQ:STX)
Seagate Technology public limited company is a provider of electronic data storage technology and solutions. The Company's principal products are hard disk drives (HDDs). In addition to HDDs, it produces a range of electronic data storage products, including solid state hybrid drives, solid state drives, peripheral component interconnect express (PCIe) cards and serial advanced technology architecture (SATA) controllers. Its storage technology portfolio also includes storage subsystems and high performance computing solutions. Its products are designed for applications in enterprise servers and storage systems, client compute applications and client non-compute applications. It designs, fabricates and assembles various components found in its disk drives, including read/write heads and recording media. Its design and manufacturing operations are based on technology platforms that are used to produce various disk drive products that serve multiple data storage applications and markets.
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