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Seagate Technology Holdings (STX) [hlAlert]

Rating:
Overweight
STX
up 212.16 %

Seagate Technology Holdings (STX) rated Overweight by Thomas Weisel

Posted on: Wednesday,  Sep 23, 2009  8:25 AM ET by Thomas Weisel

Thomas Weisel rated Overweight Seagate Technology Holdings (NASDAQ: STX) on 09/23/2009, when the stock price was $16.03. Since
then, Seagate Technology Holdings has gained 212.16% as of 01/11/2016's recent price of $50.04.
If you would have followed this Thomas Weisel's recommendation on STX, you would have gained 212.16% of your investment in 2301 days.

Seagate Technology (Seagate) is engaged in the design, manufacture and marketing of hard disc drives. Hard disc drives, which are referred to as disc drives or hard drives, are used as the primary medium for storing electronic information in systems ranging from desktop and notebook computers, and consumer electronics devices to data centers delivering information over corporate networks and the Internet. It produces a range of disc drive products addressing enterprise applications, where its products are used in enterprise servers, mainframes and workstations; desktop applications, where its products are used in desktop computers; mobile computing applications, where its products are used in notebook computers, and consumer electronics applications, where its products are used in a variety of devices, such as digital video recorders and other consumer electronic devices that require storage. It also sells its branded storage solutions under both the Seagate and Maxtor brands.

At Thomas Weisel Partners, the role of Research is to contribute to our clients' decision process in ways that lead to better investment decisions. We cover the key growth sectors of the economy including Consumer, Energy, Financial Services, Healthcare, Internet, Media & Telecom, Metals & Mining and Technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2009 8:25 AM Buy
None
16.03
as of 12/31/2009
1 Week down  -26.50 %
1 Month down  -12.22 %
3 Months down  -12.68 %
1 YTD down  -17.15 %

(*) Stock Price at the time of the recommendation.
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