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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (80943)9/4/2018 1:07:29 PM
From: FJB2 Recommendations

Recommended By
Donald Wennerstrom
Return to Sender

  Respond to of 95572
 
Seagate, Western Digital shares plunge after analyst downgrades both storage stocks due to pricing pressure

cnbc.com
  • Evercore ISI lowers its rating to underperform from in line for Seagate shares and reduces its rating to in line from outperform for Western Digital's stock.
  • The firm's analyst predicts average selling prices for NAND flash memory will fall by a “low double digit” percentage into first half 2019.
  • Both companies sell hard drives and flash memory storage devices.