UPDATE: Pacific Crest Securities Upgrades Seagate Technology on Overblown Investor Concerns
October 02, 2013 at 09:24 AM EDT
In a report published Wednesday, Pacific Crest Securities analyst Monika Garg upgraded the rating on Seagate Technology PLC (NASDAQ: STX ) from Sector Perform to Outperform, and named a $53.00 price target. In the report, Pacific Crest Securities noted, “We believe the market is too concerned about PCs and potential