STX shares traded higher by 1.13% at $83.24. Price Action: WDC shares traded higher by 2.22% at $48.33 on the last check Tuesday.Rakers saw buoyant cloud-driven demand reflected via Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Google's recent data center CAPEX commentary, Meta Platform Inc's (NASDAQ: FB) Capex, cloud demand indicators, AI infrastructure build-outs, server CPU cycle, etc.

Rakers expected downward estimate pressure amid slower nearline HDD demand and anticipated softening in client SSDs (W.

Rakers saw Western Digital recapture 100-200bps of capacity ship share in nearline HDDs due to less exposure to the China VIA segment vs.

The revision reflected a decline in Seagate's nearline HDD capacity ship and a reduced other mass capacity ship estimate given VIA weakness.

Also Read: Seagate, Western Digital Shares Lose Steam Post Rating Downgrade, Price Target Cut.

Rakers reduced its estimates on Seagate and Western Digital ahead of their upcoming earnings releases.

Size Access Form Factor Manulacturer 42MB 28ms 3.5' l'H Seagate 130MB l5ms. The early drives came with 2yr warranties, but. izi WESTERN DIGITAL WD2420A, l2ms, MEMORY svsrams 250MB Tape Backup w/2 FREE. This drive is faster than the last generation.

Rakers maintained Western Digital Corp (NASDAQ: WDC) with an Overweight and decreased the price target from $80 to $70 (45.6% upside). This drive works fine with Windows, Linux or Mac out of the box.

Wells Fargo analyst Aaron Rakers maintained Seagate Technology Holdings PLC (NASDAQ: STX) with an Equal-Weight and reduced the price target from $110 to $90 (8.1% upside). Download seagate dashboard mac 10.6.8 for free. The most important reason people chose Seagate Backup Plus Slim is: The Backup Plus Slim comes with a very user-friendly software dashboard called the Seagate Dashboard which lets you back up your PC, mobile devices, and social media, or restore an existing backup.

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