News | October 26, 2017

Pre-Market Technical Recap On Data Storage Devices Stocks -- Seagate Technology, Western Digital, Pure Storage, And Teradata

New York /PRNewswire/ - If you want a Stock Review on STX, WDC, PSTG, or TDC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com is focused on the Data Storage Devices space, which includes companies that are engaged in the manufacturing of devices that allow the storage and retrieval of data from computers. Equities under review this morning are: Seagate Technology PLC (NASDAQ: STX), Western Digital Corp. (NASDAQ: WDC), Pure Storage Inc. (NYSE: PSTG), and Teradata Corp. (NYSE: TDC). Daily Stock Tracker provides great insights on these stocks in its free research reports at:

http://dailystocktracker.com/register/

Seagate Technology
Dublin, Ireland headquartered Seagate Technology PLC's shares saw a decline of 1.78%, finishing Wednesday's trading session at $38.15. A total volume of 7.43 million shares was traded, which was higher than their three months average volume of 6.02 million shares. In the last month and the previous three months, the stock has advanced 16.06% and 17.17%, respectively. The Company's shares are trading above their 50-day moving average by 15.38%. Moreover, shares of Seagate Technology, which provides data storage technology and solutions internationally, have a Relative Strength Index (RSI) of 71.69.

On October 05th, 2017, Seagate Technology announced that its IronWolf TM, IronWolf TM Pro, and BarraCuda® Pro hard drives are now available at capacities up to 12TB. Offering the highest capacity, reliability, and performance in the industry among network-attached storage and desktop HDDs, the 12TB IronWolf and BarraCuda Pro drives further extend the capabilities of the leading Seagate Guardian Series to meet the growing data needs of large enterprise business, small- and medium-sized businesses, and creative professionals.

On October 24th, 2017, research firm UBS reiterated its 'Sell' rating on the Company's stock with an increase of the target price from $28 a share to $30 a share. Free research report on STX is available at:

http://dailystocktracker.com/registration/?symbol=STX

Western Digital
On Wednesday, shares in San Jose, California headquartered Western Digital Corp. recorded a trading volume of 2.81 million shares, and ended the session 0.68% lower at $87.29. The stock has gained 1.17% in the last one month and 28.46% on an YTD basis. The Company's shares are trading 0.58% above their 50-day moving average and 3.42% above their 200-day moving average. Furthermore, shares of Western Digital, which together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide, have an RSI of 52.15.

On October 05th, 2017, research firm Deutsche Bank downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $105 a share to $80 a share.

On October 11th, 2017, Western Digital announced plans to release its financial results for the first fiscal quarter ended September 29th, 2017 after the close of the market on October 26th, 2017. A conference call will be broadcast live at 5:00 p.m. ET that same day to discuss the results. The conference call can be accessed on the Company's investor website. The complimentary research report on WDC can be downloaded at:

http://dailystocktracker.com/registration/?symbol=WDC

Pure Storage
Shares in Mountain View, California headquartered Pure Storage Inc. closed at $16.03, down 1.11% from the last trading session. The stock recorded a trading volume of 690,220 shares. The Company's shares have gained 1.84% in the last one month, 28.86% over the previous three months, and 41.73% since the start of this year. The stock is trading 7.22% and 28.40% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Pure Storage have an RSI of 55.08.

On September 29th, 2017, Pure Storage announced that its FlashBlade™ array won Best Innovation in AI Hardware at AI Summit 2017. Optimized and self-tuned for any workload powered by unstructured data, FlashBlade provides the fast, highly scalable, and effortlessly simple storage infrastructure required by data-intensive analytics such as artificial intelligence, deep learning, and machine learning. Visit DailyStockTracker.com today and access our complete research report on PSTG at:

http://dailystocktracker.com/registration/?symbol=PSTG

Teradata
Dayton, Ohio headquartered Teradata Corp.'s stock ended 0.09% higher at $32.59 with a total trading volume of 1.12 million shares. The Company's shares have advanced 2.23% over the previous three months and 19.95% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.25% and 6.97%, respectively. Furthermore, shares of Teradata, which provides analytic data solutions and related services in North America, Latin America, Europe, Middle-East, Africa, Asia/Pacific, and Japan, have an RSI of 49.55.

On October 24th, 2017, Teradata announced that it honored 33 high-performing customers and partnerships with Teradata EPIC Awards. The award ceremony was held on October 23rd, 2017, at the Teradata PARTNERS Conference and celebrated the innovative use of data and analytics to shape positive business outcomes. CEO Vic Lund and Executive Vice President and Chief Product Officer Oliver Ratzesberger officiated at the 10th annual ceremony. Get free access to your research report on TDC at:

http://dailystocktracker.com/registration/?symbol=TDC

Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

DST has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://dailystocktracker.com/disclaimer/.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: dailystocktracker.com

Copyright 2017 PR Newswire. All Rights Reserved