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STX

Seagate

$37.97

0.08 (0.21%)

, WDC

Western Digital

$59.26

0.59 (1.01%)

06:12
10/11/16
10/11
06:12
10/11/16
06:12

Seagate upgraded to Neutral from Underweight at JPMorgan

JPMorgan analyst Rod Hall upgraded Seagate Technology (STX) to Neutral citing more stable trends in the PC market. The analyst now sees a slower decline of 10k RPM drives shipped with servers. He raised his price target for Seagate shares to $38 from $20. Hall also kept a Neutral rating on Western Digital (WDC) but raised his price target for the stock to $59 from $53.

STX

Seagate

$37.97

0.08 (0.21%)

WDC

Western Digital

$59.26

0.59 (1.01%)

  • 26

    Oct

STX Seagate
$37.97

0.08 (0.21%)

09/19/16
CHLM
09/19/16
NO CHANGE
CHLM
Craig-Hallum says to buy Western Digital, Seagate, Marvell and AMD
Craig-Hallum analyst Christian Schwab says to buy Western Digital (WDC), Seagate (STX), Marvell (MRVL), and AMD (AMD) following Intel's (INTC) raised Q3 guidance on PC strength. Schwab believes there is solid demand and a healthy pricing environment in both HDD and NAND.
09/26/16
CLVD
09/26/16
NO CHANGE
CLVD
Buy
Seagate at Cleveland Research
Cleveland Research said Seagate research remains positive with strong near-line HDD demand, stable mission critical demand, and improving mix. The firm's analyst is modeling CY17 earnings of $3.36, above consensus of $3.11, and sees near-term positive upside to revenues, margins, and earnings through at least CY16.
09/28/16
BMUR
09/28/16
NO CHANGE
Target $42
BMUR
Buy
Brean says surveillance a bigger, faster growing drive opportunity than realized
After meeting with executives from Seagate (STX) to discuss the video surveillance market, Brean Capital analyst Ananda Baruah acknowledged that he know believes the market is developing as potentially a much stronger revenue and margin opportunity for the company and peer Western Digital (WDC) than he'd realized. Video surveillance may account for at least 15%-20% of Seagate capacity shipped in 4-5 years and gross margin in the segment is currently about 200bp stronger than corporate average, said Baruah. The analyst, who estimates Seagate could ultimately generate $4.00-$6.00 in annual normalized EPS, keeps a Buy rating and $42 price target on the stock.
10/04/16
SBSH
10/04/16
NO CHANGE
Target $70
SBSH
Buy
Western Digital price target raised to $70 from $65 at Citi
Citi analyst Stanley Kovler raised his price target for Western Digital (WDC) to $70 saying he remains constructive on near-term hard-disk-drive and NAND trends heading into the Q3 earnings season. The analyst sees improved pricing in both sectors and believes the company is executing on its SanDisk integration. He keeps a Buy rating on the shares. Kovler also upped his price target for Neutral-rated Seagate (STX) to $37 from $29.
WDC Western Digital
$59.26

0.59 (1.01%)

09/29/16
LEHM
09/29/16
NO CHANGE
Target $61
LEHM
Overweight
Western Digital is a new Top Pick in IT Hardware at Barclays
Barclays analyst Mark Moskowitz recommends investors build positions in Western Digital (WDC) and named it his new Top Pick in IT Hardware, removing Apple (AAPL). Western Digital issued a positive September quarter financial update citing a favorable mix in both HDD and SSD, and particularly good pricing conditions in NAND flash, the analyst wrote. Moskowitz believes the company's commentary is positive for investor sentiment and added it to the top spot given improving end markets, reduced industry manufacturing capacity, and potential for further operational synergies. He recommends investors build or add positions in Western Digital as gross margins should trend upward in the near- to mid-term. Moskowitz rates Western Digital an Overweight with a $61 price target on shares.
10/03/16
RBCM
10/03/16
NO CHANGE
Target $65
RBCM
Outperform
Western Digital see upside to recent preannouncement at RBC Capital
RBC Capital analyst Amit Daryanani raised his September quarter and FY17 estimates ahead of Western Digital s already preannounced range and sees sustainable tailwinds across its HDD and NAND portfolio. Daryanani sees 5%-10% earnings upside versus the early positive preannouncement in early September and believes shares can continue to inflect higher through the end of CY16 from better PC + Hyperscale tailwinds driving core HDD, NAND demand uptick, acquisition cost take-out benefits, and tailwinds from lower interest expense and potential tax rate as well. The analyst rates Western Digital an Outperform and raised his price target to $65 from $60 on shares.
10/05/16
RBCM
10/05/16
NO CHANGE
RBCM
Micron report reads positively for Applied Materials, Lam, says RBC Capital
Following Micron's (MU) quarterly report and guidance, RBC Capital Amit Daryanani said he sees positive read-through from the report for Applied Materials (AMAT), Lam Research (LRCX), ASML (ASML), Western Digital (WDC) and Intel (INTC). Micron management expects capex spending of $4.8B-$5.2B for FY17, noted Daryanani, who believes continued 3D NAND spending will benefit Applied and Lam the most.

TODAY'S FREE FLY STORIES

BAC

Bank of America

$24.42

0.535 (2.24%)

10:20
06/29/17
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STWD

Starwood Property

$22.38

-0.11 (-0.49%)

10:19
06/29/17
06/29
10:19
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10:19
Conference/Events
Starwood Property management to meet with JMP Securities »

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  • 29

    Jun

SHLD

Sears

$8.01

0.29 (3.76%)

, SRG

Seritage Growth Properties

$41.98

-0.32 (-0.76%)

10:19
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06/29
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Periodicals
Fairholme's Berkowitz growing his bet on Sears, WSJ reports »

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SHLD

Sears

$8.01

0.29 (3.76%)

SRG

Seritage Growth Properties

$41.98

-0.32 (-0.76%)

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SRDX

SurModics

$28.30

0.75 (2.72%)

10:18
06/29/17
06/29
10:18
06/29/17
10:18
Conference/Events
SurModics management to meet with Aegis »

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    Jun

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    Jul

$NSD

NASDAQ Market Internals

10:17
06/29/17
06/29
10:17
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10:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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POL

PolyOne

$38.14

-0.27 (-0.70%)

10:16
06/29/17
06/29
10:16
06/29/17
10:16
Conference/Events
PolyOne management to meet with Northcoast »

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    Jun

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    Jun

$NYE

NYSE Market Internals

10:16
06/29/17
06/29
10:16
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10:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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10:15
06/29/17
06/29
10:15
06/29/17
10:15
General news
Fed funds futures are sinking lower »

Fed funds futures are…

10:15
06/29/17
06/29
10:15
06/29/17
10:15
General news
Breaking General news story  »

Week of 6/23 EIA Natural…

APRN

Blue Apron

10:13
06/29/17
06/29
10:13
06/29/17
10:13
Hot Stocks
Blue Apron CEO says company ready to go public, but didn't 'need' IPO to be now »

Blue Apron CEO Matt…

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  • 29

    Jun

VRX

Valeant

$18.09

0.9399 (5.48%)

10:10
06/29/17
06/29
10:10
06/29/17
10:10
Options
Valeant calls active as shares rally »

Valeant calls active as…

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  • 24

    Aug

SPY

SPDR S&P 500 ETF Trust

$243.04

-0.45 (-0.18%)

, SPX

S&P 500

10:08
06/29/17
06/29
10:08
06/29/17
10:08
Technical Analysis
Technical View: S&P 500 falls below range midpoint and pivot low »

The S&P 500 (SPX) is…

SPY

SPDR S&P 500 ETF Trust

$243.04

-0.45 (-0.18%)

SPX

S&P 500

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MODN

Model N

$12.95

-0.0001 (-0.00%)

10:06
06/29/17
06/29
10:06
06/29/17
10:06
Initiation
Model N initiated  »

Model N initiated with a…

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SNAP

Snap

$17.98

0.22 (1.24%)

10:05
06/29/17
06/29
10:05
06/29/17
10:05
Options
Snap Inc. call volume above normal and directionally bullish »

Bullish option flow…

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  • 19

    Jul

10:05
06/29/17
06/29
10:05
06/29/17
10:05
General news
Euro$ interest rate futures slumped »

Euro$ interest rate…

MSFT

Microsoft

$69.80

0.59 (0.85%)

10:03
06/29/17
06/29
10:03
06/29/17
10:03
Technical Analysis
Technical View: Microsoft falls, nears test of long-term uptrend support »

The shares were last at…

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  • 20

    Jul

10:00
06/29/17
06/29
10:00
06/29/17
10:00
General news
Today's U.S. reports »

Today's U.S. reports…

SCSS

Select Comfort

$31.98

0.46 (1.46%)

09:59
06/29/17
06/29
09:59
06/29/17
09:59
Technical Analysis
Technical View: Select Comfort spikes higher »

The shares were last up…

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DDAIF

Daimler AG

$74.10

0.9 (1.23%)

09:56
06/29/17
06/29
09:56
06/29/17
09:56
Periodicals
German Mercedes workers to protest amid electric-car shift, Bloomberg says »

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AYI

Acuity Brands

$197.98

18.25 (10.15%)

, STZ

Constellation Brands

$195.70

12.02 (6.54%)

09:55
06/29/17
06/29
09:55
06/29/17
09:55
Options
Early notable gainers among liquid option names on June 29th »

Notable gainers among…

AYI

Acuity Brands

$197.98

18.25 (10.15%)

STZ

Constellation Brands

$195.70

12.02 (6.54%)

RF

Regions Financial

$14.74

0.65 (4.61%)

FITB

Fifth Third

$25.49

0.4 (1.59%)

C

Citi

$67.41

2.23 (3.42%)

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  • 29

    Jun

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    Jul

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    Jul

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    Jul

  • 25

    Jul

SCSS

Select Comfort

$31.98

0.46 (1.46%)

, TPX

Tempur Sealy

$52.98

2.105 (4.14%)

09:51
06/29/17
06/29
09:51
06/29/17
09:51
Hot Stocks
Select Comfort strength attributed to takeover speculation »

Shares of Select Comfort…

SCSS

Select Comfort

$31.98

0.46 (1.46%)

TPX

Tempur Sealy

$52.98

2.105 (4.14%)

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09:50
06/29/17
06/29
09:50
06/29/17
09:50
General news
Bloomberg Consumer Comfort Index Level data reported »

Week of 6/25 Bloomberg…

MSFT

Microsoft

$69.80

0.59 (0.85%)

09:48
06/29/17
06/29
09:48
06/29/17
09:48
Hot Stocks
Microsoft to acquire Cloudyn, terms not disclosed »

Microsoft has signed a…

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  • 20

    Jul

RAD

Rite Aid

$3.03

-0.8954 (-22.78%)

, WBA

Walgreens Boots Alliance

$77.09

-0.17 (-0.22%)

09:46
06/29/17
06/29
09:46
06/29/17
09:46
Conference/Events
Rite Aid to host business news update conference call »

Conference call will be…

RAD

Rite Aid

$3.03

-0.8954 (-22.78%)

WBA

Walgreens Boots Alliance

$77.09

-0.17 (-0.22%)

03/08/13
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  • 29

    Jun

  • 29

    Jun

THO

Thor Industries

09:46
06/29/17
06/29
09:46
06/29/17
09:46
Syndicate
Breaking Syndicate news story on Thor Industries »

Thor Industries initiated…

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