Seagate price target raised to $33 from $32 at Susquehanna

Susquehanna raised the firm’s price target on Seagate to $33 from $32 and keeps a Negative rating on the shares. The firm updatedg estimates to account for recent commentary that June-Q is tracking to the low end of revenue guide, recent debt refinancing, payments due, and changes in quarterly interest expense, and updated views on EB shipment expectations.