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Enter Symbol:
Rating: STX
Buy $29

Auriga U.S.A rated Seagate Technology Holdings (NASDAQ: STX) to Buy with price target $29

Thursday,  May 12, 2011  8:25 AM ET by Kristen Bailey

Auriga U.S.A rated Seagate
Technology Holdings (NASDAQ: STX) to Buy with price target $29.

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.

Auriga is committed to providing our clients with market information flow, investment ideas and access to industry experts. We strive to provide value through unique industry knowledge. Our growing research practice is being built with domain experts who have a strong reputation amongst institutional investors. Auriga’s research analysts have also been recognized by numerous industry publications including, The Wall Street Journal and Bloomberg. Our bottom-up fundamental approach is data point driven with a primary focus on growth sectors within the technology and healthcare verticals.



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