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Fly News Breaks for November 4, 2019
STX
Nov 4, 2019 | 07:32 EDT
Benchmark analyst Mark Miller raised his price target on Seagate shares to $65 from $60 after the company's September quarter results beat the company's forecast. He also expects results to improve due to improving demand conditions for mass storage and the ramp of 16 TB nearline drives, said Miller, who keeps a Buy rating on Seagate shares.
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