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 http://dailystocktracker.com/register 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, DailyStockTracker.com 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 DailyStockTracker.com for these stocks by signing up at:

http://dailystocktracker.com/register 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:

http://dailystocktracker.com/registration/?symbol=BRCD NetApp 

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:

http://dailystocktracker.com/registration/?symbol=NTAP 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 three 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 DailyStockTracker.com and access the latest report on STX at:

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

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

--

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(R) 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

        

        CONTACT 
        For any questions, inquiries, or comments reach out to us directly. If you're a company
         we are covering and wish to no longer feature on our coverage list contact us via
         email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: 
        Email: contact@dailystocktracker.com 
        Phone number: (207)331-3313 
        Office Address: 377 Rivonia Boulevard, Rivonia, South Africa 

 

CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA