Seagate Gets Price Target Raise, Signs Reseller Pact

By | November 18, 2014

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Disk-drive maker Seagate Technology (STX) got a price target hike from RBC Capital Markets on Tuesday, and the company also announced a reseller agreement with high-performance computing specialist SGI (SGI). Seagate Technology stock was up 1.3% in midday trading in the stock market today, just shy of a nearly 14-year high of 65 that it touched on Nov. 4. Seagate stock carries a solid IBD Relative Strength Rating of 90, putting it among the top Scalper1 News

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