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News Breaks | | | | October 12, 2012 | | 09:41 EDT |  | STX | Seagate is in a new bearish pattern on the daily chart, levels to watch The shares are under-performing peers and the broader market this morning, last down over 2.7%. There is an active bearish pattern on the daily chart, which is a large scale inverted, bearish, cup and handle. First downside for the pattern, if it remains active and completes, is to the $24 to $23.50 area. Resistance is at $27.90. The pattern would no longer be active on a move back above $28. Citigroup earlier downgraded the shares to Sell, and cut its price target to $25. Reasons for the downgraded cited were deteriorating demand in the hard disk industry. | |
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News For STX From The Last 14 Days Check below for free stories on STX the last two weeks. |
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| June 13, 2013 | | 07:47 EDT |  | STX | 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. | | | June 10, 2013 | | 07:13 EDT |  | STX | FBN Securities to host a tour 4th Annual Semi-Annual Silicon Valley Technology Bus Tour travels throughout Silicon Valley June 10-11. | | | June 4, 2013 | | 07:44 EDT |  | STX | BofA/Merrill to host a conference
Subscribe for More Information | | | 05:58 EDT |  | STX | Stocks with implied volatility movement; MNKD STX
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