Seagate advances after analyst ups rating on stock
Shares of hard disk drive maker Seagate (STX) are climbing after RBC Capital upgraded the stock in a note to investors earlier today. WHAT'S NEW: The recent decline in Seagate's stock has created an attractive entry point in the name, RBC Capital analyst Amit Daryanani wrote. Moreover, the company, along with its competitor Western Digital (WDC), should benefit from a stable pricing environment in 2014 as well as growth in demand for its products in the second half of 2014, the analyst predicted. A potential uptick in computer demand could also help both companies, he added. He called the stock's current valuation "extremely attractive," and upgraded his rating on the shares to Outperform from Sector Perform. His price target on the stock edged up to $60 from $59.
No news out for this 4.5% decline. looks like a bear raid. Bought 1500 shares average price of $50.50
Quote from Citron, " Citron will now step aside and let the FDA join with the SEC, and other Federal regulators in the long-overdue process of correcting Questcor’s abuses of both the medical community and the investment community"
Nu Skin Enterprises Inc. (NYSE: NUS) reported Q4 EPS of $2.02, $0.03 better than the analyst estimate of $1.99. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.07 billion.
Nu Skin Enterprises Inc. sees FY2014 EPS of $0.90-$0.94, versus the consensus of $1.2.
Worthless drug? If not then come out & defend your investors.