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Seagate Technology Holdings (NASDAQ: STX) upgraded to Buy by Craig Hallum

Thursday,  Nov 19, 2015  10:25 AM ET by Lynn Gilbert

Craig Hallum upgraded Seagate Technology Holdings (NASDAQ: STX) to Buy. Previously, Craig Hallum rated Seagate Technology Holdings
(NASDAQ: STX) to Hold on 10/16/2015, when the stock price was valued at $39.30. Since then, Seagate Technology Holdings's stock price has lost 13% as of 11/19/2015's recent price of $34.38.

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.

Craig Hallum



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