Seagate on track for March guidance, says Needham Needham calls Seagate (STX) and Western Digital (WDC) "bastions of stability" amid the uncertain macro and political environment. The firm sees stable demand in the hard disk drive space and thinks Seagate is on track for its March guidance. Needham has a Buy rating on the stock with a $62 price target.
News For STX;WDC From The Last 14 Days
Check below for free stories on STX;WDC the last two weeks.
Western Digital CFO Leyden to retire, Olivier Leonetti to succeed Western Digital (WDC) announced that CFO Tim Leyden is retiring. He is being succeeded by Olivier Leonetti, who has served as vice president, finance at Amgen (AMGN) from 2011. Leyden will remain with the company through January 2015 in a transition role and advisory capacity to president and chief executive officer Steve Milligan and to Leonetti for an interim period to ensure a smooth transition. The changes are effective as of September 8.