International Business Machs Com (IBM) Shareholder Hennessy Advisors Increased Position …

… 2018; 22/05/2018 – Apollo Hospitals Adopts IBM Watson for Oncology and IBM Watson for Genomics to Help Physicians Make Data-Driven Cancer …

Yandex N.V. (NASDAQ:YNDX) Logo

Rex Capital Advisors Llc decreased its stake in Yandex N Vshs Class A (YNDX) by 6.33% based on its latest 2019Q1 regulatory filing with the SEC. Rex Capital Advisors Llc sold 12,500 shares as the company’s stock rose 7.24% with the market. The institutional investor held 184,892 shares of the programming company at the end of 2019Q1, valued at $6.35M, down from 197,392 at the end of the previous reported quarter. Rex Capital Advisors Llc who had been investing in Yandex N Vshs Class A for a number of months, seems to be less bullish one the $12.65B market cap company. The stock increased 2.84% or $1.07 during the last trading session, reaching $38.74. About 1.96M shares traded. Yandex N.V. (NASDAQ:YNDX) has risen 4.16% since June 27, 2018 and is uptrending. It has underperformed by 0.27% the S&P500. Some Historical YNDX News: 25/04/2018 – Yandex 1Q Net $32.3M; 27/04/2018 – Sberbank and Yandex Complete Deal for Yandex.Market Joint Venture; 25/04/2018 – YANDEX SEES EBITDA LOSS FROM TAXI FLAT Y/Y DESPITE UBER MERGER; 04/04/2018 – YNDX, MA, FB: #NewsSatellite Russians will be able to transfer money via instant messengers; 29/05/2018 – Russian tech giant Yandex has unveiled a new smart speaker; 09/03/2018 – YANDEX YNDX.O : MORGAN STANLEY RAISES TARGET PRICE TO $47 FROM $40; 25/04/2018 – YANDEX SEES MINOR BOOST TO TAXI BUSINESS FROM 2018 WORLD CUP; 07/03/2018 Boundless to Host Roundtable Webinar on Boundless Server Enterprise; 29/05/2018 – Yandex also unveiled an online delivery platform similar to Amazon Prime; 27/04/2018 – SBERBANK, YANDEX CLOSE YANDEX.MARKET DEAL

Hennessy Advisors Inc increased its stake in International Business Machs Com (IBM) by 7.27% based on its latest 2019Q1 regulatory filing with the SEC. Hennessy Advisors Inc bought 6,954 shares as the company’s stock declined 2.27% while stock markets rallied. The institutional investor held 102,550 shares of the computer manufacturing company at the end of 2019Q1, valued at $14.47M, up from 95,596 at the end of the previous reported quarter. Hennessy Advisors Inc who had been investing in International Business Machs Com for a number of months, seems to be bullish on the $123.18B market cap company. The stock increased 0.29% or $0.41 during the last trading session, reaching $138.93. About 1.10 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.86% since June 27, 2018 and is downtrending. It has underperformed by 11.29% the S&P500. Some Historical IBM News: 08/03/2018 – REG-lntnl Bus. Mach: Doc re Notification of filing of document; 02/04/2018 – Elon Musk’s top 5 personality traits, according to an IBM supercomputer; 27/03/2018 – ITALY’S CARIGE SAYS ACKNOWLEDGES MARKET CONDITIONS ARE NOT THERE FOR ISSUANCE OF SUBORDINATED BOND WITH “EXPECTED CHARACTERISTICS”; 12/04/2018 – GAO: Bid Protest – IBM Corporation B-415798: Mar 27, 2018; 22/05/2018 – Apollo Hospitals Adopts IBM Watson for Oncology and IBM Watson for Genomics to Help Physicians Make Data-Driven Cancer Care Decisions; 11/04/2018 – Crossmatch Joins IBM Security App Exchange Community; 24/05/2018 – MariaDB TX 3.0 Delivers First Enterprise Open Source Database to Beat Oracle, Microsoft and IBM; 17/04/2018 – IBM 1Q Technology Services and Cloud Platforms Rev $8.63B; 10/04/2018 – Kristina Webb: BREAKING: Crocker Partners pays $170 million for former IBM campus in Boca Raton; 05/04/2018 – IBM joins group building a blockchain-based global identity network

More notable recent Yandex N.V. (NASDAQ:YNDX) news were published by: Nasdaq.com which released: “Why Yandex Stock Just Dropped Another 9% – Nasdaq” on October 19, 2018, also Globenewswire.com with their article: “Yandex Debuts Smart Home Ecosystem Powered by Intelligent Assistant, Alice – GlobeNewswire” published on May 23, 2019, Seekingalpha.com published: “Google’s Compliance With Anti-Huawei Policy May Backfire – Seeking Alpha” on June 11, 2019. More interesting news about Yandex N.V. (NASDAQ:YNDX) were released by: Globenewswire.com and their article: “Yandex to Announce First Quarter 2019 Financial Results on April 25th – GlobeNewswire” published on April 03, 2019 as well as Nasdaq.com‘s news article titled: “Yandex Unveils Smart Home Gadgets, Expands Alice Adoption – Nasdaq” with publication date: May 28, 2019.

Analysts await Yandex N.V. (NASDAQ:YNDX) to report earnings on July, 25. They expect $0.25 earnings per share, up 4.17% or $0.01 from last year’s $0.24 per share. YNDX’s profit will be $81.65M for 38.74 P/E if the $0.25 EPS becomes a reality. After $0.27 actual earnings per share reported by Yandex N.V. for the previous quarter, Wall Street now forecasts -7.41% negative EPS growth.

Rex Capital Advisors Llc, which manages about $699.04M and $120.12 million US Long portfolio, upped its stake in S&P 500 Depository Receipt (SPY) by 2,012 shares to 203,367 shares, valued at $57.45 million in 2019Q1, according to the filing.

Investors sentiment increased to 1.03 in 2019 Q1. Its up 0.44, from 0.59 in 2018Q4. It increased, as 67 investors sold IBM shares while 524 reduced holdings. 142 funds opened positions while 468 raised stakes. 473.01 million shares or 9.66% less from 523.62 million shares in 2018Q4 were reported. Bkd Wealth Advsr Limited Liability Company owns 5,171 shares. Gulf National Bank (Uk) invested in 0.53% or 214,993 shares. Mark Sheptoff Planning Lc holds 100 shares or 0.01% of its portfolio. Highstreet Asset Mngmt Incorporated invested in 167,903 shares or 1.36% of the stock. Ronna Sue Cohen owns 414,641 shares or 0.28% of their US portfolio. Moreover, Boyar Asset Management has 0.16% invested in International Business Machines Corporation (NYSE:IBM) for 1,492 shares. Kelly Lawrence W Assocs Ca holds 0.02% or 900 shares. First Personal Finance Service reported 0.15% in International Business Machines Corporation (NYSE:IBM). Enterprise Financial Services Corp, Missouri-based fund reported 6,490 shares. Ironwood Investment Counsel Limited Liability holds 32,373 shares. Sfmg Ltd Limited Liability Company owns 4,037 shares for 0.08% of their portfolio. Hightower Advisors Limited Liability accumulated 404,264 shares or 0.38% of the stock. Cetera Advsrs Limited Company holds 0.26% or 36,483 shares in its portfolio. Cobblestone Capital Advisors Limited Company New York invested 0.09% in International Business Machines Corporation (NYSE:IBM). Mengis Cap Mngmt Inc holds 0.14% or 1,765 shares in its portfolio.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Finance.Yahoo.com which released: “IBM Celebrates Women Business Pioneers In Artificial Intelligence – Yahoo Finance” on June 11, 2019, also Finance.Yahoo.com with their article: “Better Buy: Berkshire Hathaway vs. IBM – Yahoo Finance” published on May 30, 2019, Bizjournals.com published: “IBM reaches $15 million settlement over false claims allegations – Triangle Business Journal” on June 14, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Fool.com and their article: “Why Microsoft Wants to Understand Your Voice – The Motley Fool” published on June 01, 2019 as well as Fool.com‘s news article titled: “Crypto News: JPMorgan to Start Trials, IBM Launches New Enterprise Blockchain Platform – The Motley Fool” with publication date: June 26, 2019.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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Nasdaq Today: iQiyi Surges on Award; Intel, Cisco Struggle

Chip stocks like Broadcom (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA) all rallied on the day. It helped …

Unlike Wednesday, where the stock market initially popped then fizzled, stocks held onto a bulk of its gains on Thursday. The Nasdaq rallied 0.73%, but trailed the monstrous performance of the Russell 2000, which ripped 1.63%.

nasdaq todaynasdaq today

Source: Shutterstock

Renewed momentum in high-growth stocks like Shopify (NASDAQ:SHOP) and Trade Desk (NASDAQ:TTD) helped propel the Nasdaq today, as did a continued rally in memory and semiconductor stocks. It helped that large-cap tech inched higher too.

All four FANG stocks pushed higher on the day, as well as Apple (NASDAQ:AAPL), (although the iPhone maker continues to cling to the $200 area).

Investors are feeling comfortable heading into the G20 summit, which starts today. Even though some have been growing worried over the past few sessions, the price action has been constructive. The index held its 50-day moving average earlier this week.

If more progress materializes on the trade front, tech stocks could be ready to run, possibly through the 8,100 level to new highs.

Winners in the Nasdaq Today

iQiyi (NASDAQ:IQ) — “the Netflix (NASDAQ:NFLX) of China” — is surging more than 10% on Thursday. The company won the Mobile Internet Innovation Pioneer Award at the Mobile World Congress event in Shanghai. Despite strong growth and a huge total addressable market, IQ stock hasn’t gotten much love. Maybe that will change with Thursday’s jump.

A look at the Nasdaq todayA look at the Nasdaq today

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Walgreens
(NASDAQ:WBA) is finally catching a bid. While earnings sank 24% year-over-year, profit of $1.47 per share beat analysts’ estimates by 4 cents. Revenue of $34.6 billion pushed past estimates as well, while management reiterated its full-year outlook. Shares are still down around 20% on the year, but like IQ, perhaps the stock will start to find some life. Above $56 and WBA may start to fill the gap back up to $63.

The iShares Nasdaq Biotech ETF (NASDAQ:IBB) jumped more than 1%, while the SPDR Biotech ETF (NYSEARCA:XBI) jumped over 2% on the day. Benefiting from that move was Invitae (NASDAQ:NVTA), which rallied more than 6% on the day, while Immunomedics (NASDAQ:IMMU) and Genomic Health (NASDAQ:GHDX) both jumped over 4%. Given some of the large deals in this space, M&A is a constant thought among investors.

While it feels like we talk about the semiconductor industry every few days, the ongoing volatility from the group constantly draws it to the forefront. The group again caught a boost on Thursday.

The gains continued after Micron’s (NASDAQ:MU) double-digit post-earnings rally, jumping more than 2.5% Thursday. Lam Research (NASDAQ:LRCX) and Applied Materials (NASDAQ:AMAT) caught a bid, too. Chip stocks like Broadcom (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA) all rallied on the day. It helped that Wedbush analysts upgraded the latter two stocks to buy and assigned a $35 price target to AMD and a $184 target to NVDA stock.

Losers in the Nasdaq Today

There weren’t many losers in the Nasdaq today. However, one area of notable under-performance? Cisco Systems (NASDAQ:CSCO) and Intel (NASDAQ:INTC). At one point, both names were down about 2%, which is a notable lag compared to both the Nasdaq and its large-cap peers.

Worth extrapolating is that Intel stock is sinking at the same time when most of its peers are all notable gainers on the day, (as noted above). Cisco is down — perhaps on Micron’s rally? — while a competitor like Arista Networks (NASDAQ:ANET) is jumping over 1%.

Despite beating on earnings and revenue expectationsAccenture (NYSE:ACN) lost altitude on Thursday. However, the mostly flat price action, down less than 1%, likely won’t weigh on investor sentiment too much. In fact, they may even feel more emboldened, given that shares rallied off the lows throughout the entire session.

Finally, Salesforce (NASDAQ:CRM) is hard to count as a loser on Thursday given that the stock rallied. However, the slight gains comes after an initial crack below $150 in morning trade. Investors are still trying to digest the company’s $15.3 billion stock-deal for Tableau Software (NASDAQ:DATA). Giving credit where it is due, CRM stock is holding the $150 mark.

The Bottom Line on the Nasdaq Today

Stocks put together a decent rally as investors’ hope for a chip and memory trough in the first half of 2019 is looking more likely. If China and the U.S. can take some positive steps toward a resolution later this week and over the weekend, it could give the market another catalyst.

Let’s see the Nasdaq’s action on Friday and watch how it reacts to headlines from the summit.

Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AAPL, AMD, ANET, AVGO, NVDA and NVTA.

2U, Inc. (TWOU): Why Its Shares Are Up 3.42 Percent Today?

Today’s big question for investors is, “what’s going on with 2U, Inc. (NASDAQ:TWOU) stock? Its price is jumping 1.23 points, trading at $37.18 levels, …

Today’s big question for investors is, “what’s going on with 2U, Inc. (NASDAQ:TWOU) stock? Its price is jumping 1.23 points, trading at $37.18 levels, and is up 3.42% from its previous close of $35.95. The shares seem to have an active trading volume day with a reported 219957 contracts so far this session. TWOU shares had a relatively better volume day versus average trading capacity of 943.37 thousand shares, but with a 57.26 million float and a -5.32% run over a week, it’s definitely worth keeping an eye on. The one year price forecast for TWOU stock indicates that the average analyst price target is $71 per share. This means the stock has a potential increase of 90.96% from where the TWOU share price has been trading recently which is between $35.58 and $36.81. There are some brokerage firms that offer lower targets than the average, with one of them, even setting their price target at $55.

The shorts are running away from 2U, Inc. (TWOU) stock. The latest set of short interest data was released on 14 June 2019, and the numbers show a drop in short interest in TWOU shares. While short interest still represents only 18.12% of TWOU’s float, the number of shares shorted have fallen by -31498. The number of shares shorted fell to 10782466 shares, down from 10813964 shares during the preceding fortnight. With average daily trading volumes at 867297 shares, days to cover decreased to about 13.08161 days. The most recent news story about the stock that appeared in Yahoo Finance‘s news section was titled “University of Adelaide and Trilogy Education Kick Off Partnership to Launch Coding Boot Camp” and dated June 26, 2019.

During the recent trading session for 2U, Inc. (NASDAQ:TWOU), the company witnessed their stock drop by $-0.91 over a week and tumble down $-1.04 from the price 20 days ago. When compared to their established 52-week high of $94.4, the high they recorded in their recent session happens to be lower. Their established 52-week high was attained by the company on 07/17/18. The recent low of $34.26 stood for a -60.61% since 11/06/19, a data which is good for most investors who are looking to take advantage of the stock’s recent rise. A beta of 0.92 is also allocated to the stock. Since the beta is less than one, it implies that the stock is more volatile than the market, a data that traders are keeping close attention to.

Looking at the current readings for 2U, Inc., the two-week RSI stands at 38.19. This figure suggests that TWOU stock, for now, is neutral, meaning that the shares are stable in terms of price movement. The stochastic readings, on the other hand, based on the current TWOU readings is similarly very revealing as it has a stochastic reading of 44.44% at this stage. This figure means that TWOU share price today is being neutral.

Technical chart claims that 2U, Inc. (TWOU) would settle between $36.65/share to $37.34/share level. However, if the stock price goes below the $35.42 mark, then the market for 2U, Inc. becomes much weaker. If that happens, the stock price might even plunge as low as $34.88 for its downside target. The stock is currently in the red zone of MACD, with the indicator reading -0.66. Traders are always alerted for the move of a stock above or below the zero line due to the fact that the reading is an indicator of the position of the short-term average relative to the long-term average. If the MACD is above the zero line, then the short-term average relative is above that of the long-term average, thus implying an upward momentum. Vice versa is the case if the MACD is below the zero line.

Analysts at Barrington Research lifted target price for shares of TWOU but were stick to Outperform recommendation for the stock in their opinion released on May 08. The price target has been raised from $90 to $75. Credit Suisse analysts have lowered their rating of 2U, Inc. (NASDAQ:TWOU) stock from Outperform to Neutral in a separate flash note issued to investors on May 08. Analysts at Berenberg, made their first call for the equity with a Buy recommendation, according to a research note that dated back to March 06.

TWOU equity has an average rating of 1.92, with the figure leaning towards a bullish end. 12 analysts who tracked the company were contacted by Reuters. Amongst them, 3 rated the stock as a hold while the remaining 9 were split even though not equally. Some analysts rate the stock as a buy or a strong buy while no rated it as a sell. 9 analysts rated 2U, Inc. (NASDAQ:TWOU) as a buy or a strong buy while not a single analyst advised that investors should desist from purchasing the stock or sell them if they already own the company’s stock.

Moving on, TWOU stock price is currently trading at 0X forward 12-month Consensus EPS estimates, and its P/S ratio is 4.76 while for the average stock in the same group, the multiple is 364.86.

2U, Inc. (TWOU)’s current-quarter revenues are projected to climb by nearly 28.07% to hit $124760, based on current Zacks Consensus Estimate. The firm’s full-year revenues are expected to expand by over 29.71% from $411770 to a noteworthy $534100. At the other end of the current quarter income statement, 2U, Inc. is expected to see its adjusted earnings surge by roughly -84.21% to hit $-0.35 per share. For the fiscal year, TWOU’s earnings are projected to climb by roughly -450% to hit $-0.33 per share.

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Why AMD and Nvidia Look Like Buys Over Intel, Micron, WD, Seagate

Nvidia Corp. (NASDAQ: NVDA) was started as Outperform with a $184 target price (versus a $151.48 close). Bryson noted its prolific growth in 2017 …

Not all technology companies have room to win in the future. That is effectively what Matthew Bryson of Wedbush Securities is telling the firm’s clients in a newly issued research report in the semiconductor and memory segment. Bryson just joined the Wedbush technology team as part of the firm’s recent acquisition of ABR Investment Strategy.

There are some deep and coming impacts on technology companies from the U.S.-China trade war. Some of the leading tech companies have tremendous upside, while others have tremendous risks and potential downside.

Wedbush started Advanced Micro Devices Inc. (NASDAQ: AMD) as Outperform with a $35 target price (versus a $28.86 prior close). AMD’s reemergence in central processing units and graphics processing units (GPUs) will benefit as the shifts in both the personal computer and datacenter markets shift over the next few years.

AMD’s early adoption of a distributed “chiplet” architecture combined with a shift to leading-edge geometries positions the company to take meaningful share from Intel in the core PC and server markets. AMD also is expected to realize some more modest benefits on the GPU side from its transition with sales and channels noted around TSMC, Google Stadia, console transitions and a recent deal signed with Samsung.

Shares of AMD were trading up 1.8% at $30.45 on Thursday, in a 52-week range of $14.74 to $34.30. AMD’s prior consensus target price from Refinitiv was $30.26.

Nvidia Corp. (NASDAQ: NVDA) was started as Outperform with a $184 target price (versus a $151.48 close). Bryson noted its prolific growth in 2017 and 2018 and a more recent sharp decline in its estimates and valuation. He is not forecasting a rapid recovery in crypto-mining equipment, but he does believe that inventories of gaming GPUs have largely normalized.

Webush’s $184 target implies north of 20% upside, with trends from artificial intelligence and machine learning, gaming, autonomous driving, high speed and intelligent network interface cards all offering support for growth ahead. Nvidia was trading up 1.6% at $161.79 and the consensus target price was $181.69.

Intel Corp. (NASDAQ: INTC) was started as Underperform with a $37.50 target price (versus a $46.85 close). Bryson believes that Intel’s recent struggles with execution, combined with cyclical downturns in key markets, create an uncertain future with downside risk to estimates.

Windows 7 support ends in January, and it is now expected that 2019 will mark the end of a corporate refresh cycle that has buoyed PC sales for years. The enterprise server and storage sales also clearly are ticking downward after a robust 2018, the memory market is in the midst of a sharp downcycle, and there are additional macro concerns, along with the U.S. government’s policy aimed at halting exports to Huawei.

Bryon believes that a sharp rebound in cloud and hyperscale spending in the second half of 2019 is unlikely. Intel shares were down 1.6% at $47.42, and the consensus target price was $52.31.

Wedbush was cautious about memory and drive-makers in its report.

Micron Technology Inc. (NASDAQ: MU), which just recently rose after handily beating lowered earnings expectations, was started as Neutral with a $30 target price (versus a $32.68 close). Micron was up another 1.7% to $37.63 on Thursday.

Seagate Technology PLC (NASDAQ: STX) was started as Neutral with a $35 target price (versus a $46.21 close), and it was trading down 1.1% at $46.71 on Thursday. Seagate has a consensus analyst target of $49.60.

Western Digital Corp. (NASDAQ: WDC) was started as Underperform with a $32.50 target price (versus a $41.10 close). Shares were up 2% at $44.47, and the consensus target price was $52.78.

By Jon C. Ogg

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Why AMD and Nvidia Look Like Buys Over Intel, Micron, WD, Seagate

Nvidia Corp. (NASDAQ: NVDA) was started as Outperform with a $184 target price (versus a $151.48 close). Bryson noted its prolific growth in 2017 …

Not all technology companies have room to win in the future. That is effectively what Matthew Bryson of Wedbush Securities is telling the firm’s clients in a newly issued research report in the semiconductor and memory segment. Bryson just joined the Wedbush technology team as part of the firm’s recent acquisition of ABR Investment Strategy.

There are some deep and coming impacts on technology companies from the U.S.-China trade war. Some of the leading tech companies have tremendous upside, while others have tremendous risks and potential downside.

Wedbush started Advanced Micro Devices Inc. (NASDAQ: AMD) as Outperform with a $35 target price (versus a $28.86 prior close). AMD’s reemergence in central processing units and graphics processing units (GPUs) will benefit as the shifts in both the personal computer and datacenter markets shift over the next few years.

AMD’s early adoption of a distributed “chiplet” architecture combined with a shift to leading-edge geometries positions the company to take meaningful share from Intel in the core PC and server markets. AMD also is expected to realize some more modest benefits on the GPU side from its transition with sales and channels noted around TSMC, Google Stadia, console transitions and a recent deal signed with Samsung.

Shares of AMD were trading up 1.8% at $30.45 on Thursday, in a 52-week range of $14.74 to $34.30. AMD’s prior consensus target price from Refinitiv was $30.26.

Nvidia Corp. (NASDAQ: NVDA) was started as Outperform with a $184 target price (versus a $151.48 close). Bryson noted its prolific growth in 2017 and 2018 and a more recent sharp decline in its estimates and valuation. He is not forecasting a rapid recovery in crypto-mining equipment, but he does believe that inventories of gaming GPUs have largely normalized.

Webush’s $184 target implies north of 20% upside, with trends from artificial intelligence and machine learning, gaming, autonomous driving, high speed and intelligent network interface cards all offering support for growth ahead. Nvidia was trading up 1.6% at $161.79 and the consensus target price was $181.69.

Intel Corp. (NASDAQ: INTC) was started as Underperform with a $37.50 target price (versus a $46.85 close). Bryson believes that Intel’s recent struggles with execution, combined with cyclical downturns in key markets, create an uncertain future with downside risk to estimates.

Windows 7 support ends in January, and it is now expected that 2019 will mark the end of a corporate refresh cycle that has buoyed PC sales for years. The enterprise server and storage sales also clearly are ticking downward after a robust 2018, the memory market is in the midst of a sharp downcycle, and there are additional macro concerns, along with the U.S. government’s policy aimed at halting exports to Huawei.

Bryon believes that a sharp rebound in cloud and hyperscale spending in the second half of 2019 is unlikely. Intel shares were down 1.6% at $47.42, and the consensus target price was $52.31.

Wedbush was cautious about memory and drive-makers in its report.

Micron Technology Inc. (NASDAQ: MU), which just recently rose after handily beating lowered earnings expectations, was started as Neutral with a $30 target price (versus a $32.68 close). Micron was up another 1.7% to $37.63 on Thursday.

Seagate Technology PLC (NASDAQ: STX) was started as Neutral with a $35 target price (versus a $46.21 close), and it was trading down 1.1% at $46.71 on Thursday. Seagate has a consensus analyst target of $49.60.

Western Digital Corp. (NASDAQ: WDC) was started as Underperform with a $32.50 target price (versus a $41.10 close). Shares were up 2% at $44.47, and the consensus target price was $52.78.

By Jon C. Ogg

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