Form 8-K Seagate Technology Holdi For: Oct 26

Go back to Form 8-K Seagate Technology Holdi For: Oct 26

Seagate Technology (STX) PT Lowered to $62 at Mizuho Securities

October 26, 2022 1:26 PM EDT

Mizuho Securities analyst Vijay Rakesh lowered the price target on Seagate Technology (NASDAQ: STX) to $62.00 (from $75.00) while maintaining a Neutral rating.

The analyst commented, "STX reported a softer SepQ at $2.0B/$0.48 (BELOW updated August guidance of $2.1B/... More

Seagate Technology (STX) PT Lowered to $60 at Rosenblatt

October 26, 2022 12:16 PM EDT

Rosenblatt analyst Kevin Cassidy lowered the price target on Seagate Technology (NASDAQ: STX) to $60.00 (from $80.00) while maintaining a Buy rating following earnings.

The analyst commented, "Seagate's management reported that demand for HDDs weakened through the month of September following their negative... More

Seagate Technology (STX) receives proposed charging letter from U.S. Commerce alleging violations of U.S. Export Administration Regulations

October 26, 2022 8:17 AM EDT

Seagate Technology (NASDAQ: STX) disclosed:


On August 29, 2022, Seagate Technology Holdings plc (Seagate or the Company) received a proposed charging letter (PCL) from the U.S. Commerce Departments Bureau of Industry and Security (BIS), alleging violations of the U.S. Export Administration Regulations (EAR). The PCL alleges Seagate acted in violation of the EAR by providing Seagate... More