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Fly News Breaks for February 5, 2019
WDC, STX
Feb 5, 2019 | 07:32 EDT
Morgan Stanley analyst Katy Huberty expects a near-term pullback in Seagate (STX) shares following the company's Q2 earnings report. Seagate executed better than Western Digital (WDC) in December, said Huberty, who added that the fact the company isn't modeling the same level of share gains in March and the macro impact on markets with exposure to China suggests the earnings trough is pushed out by a quarter. The company is taking action to lower production levels and margins should rebound after the March reset, added Huberty, who lowered her price target on Seagate shares to $48 from $60 but keeps an Overweight rating on the stock.
News For STX;WDC From the Last 2 Days
STX
Mar 28, 2024 | 15:22 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of March 25-28. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here
WDC
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here