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>> SEAGATE TECHNOLOGY Latest News

JAN 09, 2013 - Benzinga

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Bank of America Merrill Lynch Reiterates Neutral Rating, $34 PT on Seagate Technology

In a report published Wednesday, Bank of America Merrill Lynch reiterated its Neutral rating and $34.00 price target on Seagate Technology (NASDAQ: STX). BofA Merrill Lynch noted, “Seagate pre-announced slightly better than expected C4Q12 results with modestly better than expected units/TAM (although note we recently lowered), pricing and margins.

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