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Seagate Technology Holdings (STX) [hlAlert]

Rating:
Buy STX
up 234.71 %

Seagate Technology Holdings (STX) rated Buy with price target $24 by Broadpoint AmTech Research

Posted on: Thursday,  Jan 21, 2010  9:25 AM ET by Broadpoint AmTech Research

Broadpoint AmTech Research rated Buy Seagate Technology Holdings (NASDAQ: STX) on 01/21/2010. Previously Broadpoint AmTech Research rated Buy Seagate Technology Holdings (NASDAQ: STX)
on 09/10/2009., when the stock price was $14.95. Since then, Seagate Technology Holdings has gained 234.72% as of 01/11/2016's recent price of $50.04.
If you would have followed the previous Broadpoint AmTech Research's recommendation on STX, you would have gained 234.71% of your investment in 2314 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.

Broadpoint AmTech, Inc. is an equity research firm specializing in research on large and small cap companies. It provides equity research, sales, and trading services. The firm provides fundamental research on information technology and defense companies. It focuses on the aerospace and defense; analog semiconductors; broadband and media services; clean technology: biofuels; clean technology: coal; clean technology: energy generation and infrastructure; clean technology: solar; clean technology: wind; data networking and storage components; engineering and construction; financial technology; Internet; information technology hardware; LED industry; software; wireless communications; and wireless IC sectors. The firm caters to institutional investors. It was formerly known as American Technology Research. Broadpoint AmTech, Inc. is based in Greenwich, Connecticut, with additional offices in San Francisco, California and Denver, Colorado. The firm is a division of Broadpoint Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2010 9:25 AM Buy
None
19.98 24.00
as of 12/31/2010
1 Week down  -10.27 %
1 Month down  -0.96 %
3 Months up  12.82 %
1 YTD down  -26.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/30/2009 9:25 AM Buy
None
18.00 22.00
9/10/2009 9:25 AM Buy
None
14.95 18.00

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