BofA/Merrill upgraded disk drive makers Seagate Technology (STX) and Western Digital (WDC) to...

|About: Seagate Technology (STX)|By:, SA News Editor

BofA/Merrill upgraded disk drive makers Seagate Technology (STX) and Western Digital (WDC) to Buy from Underperform. "We believe industry fundamentals are near cycle lows, with trough-like valuation." STX closed at +1.4%; WDC at +4.4%.