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Stocks Under Scanner in the Data Storage Devices Space -- Brocade Communications Systems, NetApp, Seagate Technology, and Western Digital
[August 11, 2017]

Stocks Under Scanner in the Data Storage Devices Space -- Brocade Communications Systems, NetApp, Seagate Technology, and Western Digital

NEW YORK, August 11, 2017 /PRNewswire/ --

If you want a Stock Review on BRCD, NTAP, STX, or WDC then come over to and sign up for your free customized report today. On Thursday, August 10, 2017, the NASDAQ Composite ended the trading session at 6,216.87, down 2.13%; the Dow Jones Industrial Average edged 0.93% lower, to finish at 21,844.01; and the S&P 500 closed at 2,438.21, dropping 1.45%. Losses were broad based as eight out of nine sectors ended the day in negative. This Friday, has initiated reports coverage on the following Data Storage Devices equities: Brocade Communications Systems Inc. (NASDAQ: BRCD), NetApp Inc. (NASDAQ: NTAP), Seagate Technology PLC (NASDAQ: STX), and Western Digital Corp. (NASDAQ: WDC). Take a look at the free research reports issued today on for these stocks by signing up at:

Brocade Communications Systems

San Jose, California headquartered Brocade Communications Systems Inc.'s stock finished Thursday's session 0.91% lower at $11.94 with a total trading volume of 10.08 million shares, which was above its three months average of 5.70 million shares. The Company's shares have advanced 23.22% over the past twelve months. The stock is trading below its 50-day moving average by 5.27%. Additionally, 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 14.95. Sign up and read the free research report on BRCD at:


On Thursday, shares in Sunnyvale, California headquartered NetApp Inc. recorded a trading volume of 2.17 million shares. The stock ended the session 2.27% lower at $41.28. The Company's shares have advanced 49.46% over the last twelve months and 17.04% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.80% and 5.96%, respectively. Moreover, shares of NetApp, which provides software, systems, and services to manage and store computer data worldwide, have an RSI of 39.71.

On July 14th, 2017, research firm Goldman upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary research report on NTAP can be downloaded at:

Seagate Technology 

Dublin, Ireland headquartered Seagate Technology PLC's shares closed the day 3.22% lower at $31.55. The stock recorded a trading volume of 6.36 million shares, which was above its thre months average of 5.19 million shares. The Company's shares have gained 0.54% over the last twelve months. The stock is trading below its 50-day moving average by 18.61%. Additionally, 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 25.48.

On July 26th, 2017, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $45 a share to $36 a share. Register for free on and access the latest report on STX at:

Western Digital 

Shares in Irvine, California headquartered Western Digital Corp. finished 2.22% lower at $79.19. The stock recorded a trading volume of 4.27 million shares, which was above its three months average of 4.10 million shares. The Company's shares have advanced 83.44% over the last twelve months, and 16.54% on an YTD basis. The stock is trading above its 200-day moving average by 1.19%. Furthermore, shares of Western Digital, which together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide, have an RSI of 25.79.

On July 25th, 2017, research firm Loop Capital initiated a 'Buy' rating on the Company's stock, with a target price of $140 per share. Get free access to your research report on WDC at:


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