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Fly News Breaks for June 27, 2019
STX
Jun 27, 2019 | 07:26 EDT
As previously reported, Wedbush analyst Mathew Bryson initiated Seagate with a Neutral rating and a $35 price target. While the analyst believes Seagate's positioning within the HDD market has improved, his concerns around the general health of the market, as well as the company's relatively high valuation keep him on the sidelines.