UPDATE: Goldman Sachs Lowers PT on STEC on 4Q12 Revenues
March 15, 2013 at 12:03 PM EDT
In a report published Friday, Goldman Sachs analyst James Schneider reiterated a Neutral rating on STEC (NASDAQ: STEC ), but slightly lowered the price target from $5.50 to $5.00. In the report, Schneider noted, “STEC reported 4Q12 revenues of $35.1 mn (down 16% qoq), below the low end of guidance
