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Fly News Breaks for July 26, 2017
STX
Jul 26, 2017 | 08:01 EDT
Maxim analyst Nehal Chokshi noted that digestion periods often last longer than a quarter and he thinks Seagate's below consensus September quarter outlook may not represent the bottom of the current down-cycle. The analyst cut his price target on Seagate to $38 from $46 and keeps a Hold rating on the shares.
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