BMC Reiterates Buy on Seagate Technology

BMC reiterated its Buy rating on Seagate Technology

. At the moment, the rating agency has a price target of $22 placed on the company's stock. On Wednesday, STX added 0.35% to its value to end the day at $16.99. However, its shares slumped in today's pre-market trading, falling 11.71% to stand around $15.04.