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Research Reports on Data Storage Devices Equities -- Brocade Communications Systems, Seagate Technology, Western Digital, and NetAppNEW YORK, May 23, 2017 /PRNewswire/ -- Stock-Callers.com today takes a closer look at the most recent performances of Brocade Communications Systems Inc. (NASDAQ: BRCD), Seagate Technology PLC (NASDAQ: STX), Western Digital Corp. (NASDAQ: WDC), and NetApp Inc. (NASDAQ: NTAP). Data storage companies range from high-cap bellwethers to struggling micro-cap startups. What these firms have in common is a bright future when considering the possibilities of the data storage market. Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration Brocade Communications Systems San Jose, California headquartered Brocade Communications Systems Inc.'s shares rose 0.08%, finishing Monday's trading session at $12.64. A total volume of 2.03 million shares was traded. In the last month and the previous three months, the stock has advanced 0.64% and 2.27%, respectively. Additionally, the Company's shares have gained 1.20% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.93% and 10.37%, respectively. Moreover, shares of Brocade Communications Systems, which provides storage area networking and Internet protocol networking solutions for businesses and organizations worldwide, have a Relative Strength Index (RSI) of 59.41. On May 08th, 2017, the Company announced that its Gen 6 Fibre Channel technologies provide the network foundation that enables customers of Dell EMC® all-flash array solutions to optimize the performance, availability, and reliability of their storage deployments. Dell EMC introduced the VMAX 950F, representing significant updates to its flagship VMAX enterprise storage platform. It also announced XtremIO X2, the second generation of its market-leading, purpose-built, all-flash array. Free research report on BRCD is available at: http://stock-callers.com/registration/?symbol=BRCD
On Monday, shares in Dublin, Ireland headquartered Seagate Technology PLC recorded a trading volume of 2.51 million shares, and ended the session 0.61% higher at $42.77. The stock has gained 12.05% on an YTD basis. The Company's shares are trading 6.29% above their 200-day moving average. Furthermore, shares of Seagate Technology, which designs, produces, and distributes electronic data storage technology and solutions in Singapore, the US, the Netherlands, and internationally, have an RSI of 43.85. On April 26th, 2017, Seagate Technology reported financial results for Q3 FY17 ended March 31st, 2017. For Q3 2017, the Company reported revenue of $2.7 billion, gross margin of 30.5%, net income of $194 million, and diluted earnings per share (EPS) of $0.65. On a non-GAAP basis, which excludes the net impact of certain items, the Company reported gross margin of 31.4%, net income of $329 million, and diluted EPS of $1.10. On April 27th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with a decrease of the target price from $50 a share to $45 a share. The complimentary research report on STX can be downloaded t:
Shares in Irvine, California headquartered Western Digital Corp. closed at $87.98, up 1.52% from the last trading session. The stock recorded a trading volume of 3.24 million shares. The Company's shares have gained 5.86% in the last one month, 17.46% over the previous three months, and 29.48% since the start of this year. The stock is trading 5.35% and 30.03% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Western Digital, which together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide, have an RSI of 56.30. On May 01st, 2017, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'. On May 18th, 2017, Western Digital announced that it will participate in the 45th Annual J.P. Morgan Global Technology, Media and Telecom Conference on Tuesday, May 23rd, 2017 at 10:40 a.m. ET. The live presentation will be available via webcast on the Company's Investor Relations home page. Visit us today and access our complete research report on WDC at: http://stock-callers.com/registration/?symbol=WDC
Sunnyvale, California headquartered NetApp Inc.'s stock ended 1.14% higher at $39.98. A total volume of 4.24 million shares was traded, which was above their three months average volume of 2.82 million shares. The Company's shares have advanced 1.24% in the last one month and 13.35% on an YTD basis. The stock is trading above its 200-day moving average by 8.32%. Furthermore, shares of NetApp, which provides software, systems, and services to manage and store computer data worldwide, have an RSI of 47.41. On May 09th, 2017, NetApp announced that it will report financial results for Q4 FY17, which ended April 28th, 2017, after market close on May 24th, 2017. The executive management will host a conference call at 2:30 p.m. PT on that same day to discuss these results and provide their perspective on market dynamics. Get free access to your research report on NTAP at: http://stock-callers.com/registration/?symbol=NTAP Stock Callers: Stock Callers (SC) 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. SC 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. SC 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 [email protected] . 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 SC. SC 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 SC, 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. SC, 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, SC, 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 SC 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://stock-callers.com/legal-disclaimer/
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