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Opprenheimer Lowers STEC’s Target Price

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Analysts at Oppenheimer maintain their "perform" rating on STEC, Inc. (NYSE: STC). The target price for STC has been reduced from $21 to $10.

According to Oppenheimer, the target price was lowered to reflect STEC’s Q1 guidance and its overhang at EMC.

STEC’s shares closed at $13.42 yesterday. More Analyst Ratings here

 

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