Here's Why We Revised Seagate's Price Estimate To $29 |
| May 21, 2016 | May 2016 Bond Updates |
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We recently revised our price estimate for Seagate from $39 to $29. The primary reasons for the price estimate revision were lower revenue expectations due to subdued demand for most product streams over the last few quarters for Seagate, which will negatively impact the company’s margins and earnings going forward. |
| View more at: http://www.forbes.com/sites/greatspeculations/2016/05/20/heres-why-we-revised-seagates-price-estimate-to-29/ |
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