Seagate Technology Gets Bold $620 Target From Bernstein — Buy the Dip?
Corroborated by 2 sources from 2 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, quick Read - - Bernstein views the recent -10% selloff in Seagate as an overreaction to fear that TurboQuant will destroy storage demand, asserting instead that the market has created an attractive entry point as HDD fundamentals remain intact.
Sources
1
Seeking Alpha Market News
https://seekingalpha.com/article/4887394-seagate-technology-stock-20-percent-plunge-opportunity?source=feed_all_articles
2
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/seagate-technology-gets-bold-620-140829011.html
3
Seeking Alpha Market News
https://seekingalpha.com/article/4887686-seagate-good-company-but-i-do-not-trust-the-story-at-this-price?source=feed_all_articles
4
Seeking Alpha Market News
https://seekingalpha.com/article/4888010-seagate-hamr-has-matured-into-a-supply-story?source=feed_all_articles