Seagate Technology's (STX) strong March quarter and "impressive" dividend sparks Goldman Sachs...

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

Seagate Technology's (STX) strong March quarter and "impressive" dividend sparks Goldman Sachs to boost estimates and target price to $16 from $15. "We believe that enterprise strength, share gains, and better product mix were behind the improvement in fundamentals, and we expect the June quarter to benefit as well," Goldman says. STX +8.6% premarket.