Maxim Group Initiates Seagate At Buy

Analysts at Maxim Group initiated coverage on Seagate Technology PLC STX with a Buy rating. The target price for Seagate is set to $68. Seagate shares have gained 0.18% over the past 52 weeks, while the S&P 500 index has surged 12.54% in the same period. Seagate shares fell 0.30% to $55.60 in pre-market trading.