Seagate and Western Digital favored on pullbacks, says Brean Capital Brean Capital said they continue to like both Seagate (STX) and Western Digital (WDC) on pullbacks based on modest growth assumptions. Both companies are Buy rated but Brean Capital lowered its price target on Seagate to $33 from $35 and on Western Digital to $44 from $48.
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Seagate and Western Digital price targets raised at Brean Capital Brean Capital raised its price targets on both Seagate (STX) and Western Digital (WDC) citing free cash flow and gross margin stability. The firm favors Western Digital based on valuation and potential for greater incremental catalysts and raised its price target to $85 from $65. Seagate price target was raised to $54 from $43. Both are Buy rated.
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