Research Reports on Data Storage Devices Equities -- Brocade Communications Systems, Seagate Technology, Western Digital, and NetApp

NEW YORK, May 23, 2017 /PRNewswire/ --

Stock-Callers.com today takes a closer look at the most recent performances of Brocade Communications Systems Inc. (NASDAQ: BRCD), Seagate Technology PLC (NASDAQ: STX), Western Digital Corp. (NASDAQ: WDC), and NetApp Inc. (NASDAQ: NTAP). Data storage companies range from high-cap bellwethers to struggling micro-cap startups. What these firms have in common is a bright future when considering the possibilities of the data storage market. Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

Brocade Communications Systems

San Jose, California headquartered Brocade Communications Systems Inc.'s shares rose 0.08%, finishing Monday's trading session at $12.64. A total volume of 2.03 million shares was traded. In the last month and the previous three months, the stock has advanced 0.64% and 2.27%, respectively. Additionally, the Company's shares have gained 1.20% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.93% and 10.37%, respectively. Moreover, 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 59.41.

On May 08^th, 2017, the Company announced that its Gen 6 Fibre Channel technologies provide the network foundation that enables customers of Dell EMC® all-flash array solutions to optimize the performance, availability, and reliability of their storage deployments. Dell EMC introduced the VMAX 950F, representing significant updates to its flagship VMAX enterprise storage platform. It also announced XtremIO X2, the second generation of its market-leading, purpose-built, all-flash array. Free research report on BRCD is available at:

http://stock-callers.com/registration/?symbol=BRCD

Seagate Technology

On Monday, shares in Dublin, Ireland headquartered Seagate Technology PLC recorded a trading volume of 2.51 million shares, and ended the session 0.61% higher at $42.77. The stock has gained 12.05% on an YTD basis. The Company's shares are trading 6.29% above their 200-day moving average. Furthermore, 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 43.85.

On April 26^th, 2017, Seagate Technology reported financial results for Q3 FY17 ended March 31^st, 2017. For Q3 2017, the Company reported revenue of $2.7 billion, gross margin of 30.5%, net income of $194 million, and diluted earnings per share (EPS) of $0.65. On a non-GAAP basis, which excludes the net impact of certain items, the Company reported gross margin of 31.4%, net income of $329 million, and diluted EPS of $1.10.

On April 27^th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with a decrease of the target price from $50 a share to $45 a share. The complimentary research report on STX can be downloaded at:

http://stock-callers.com/registration/?symbol=STX

Western Digital

Shares in Irvine, California headquartered Western Digital Corp. closed at $87.98, up 1.52% from the last trading session. The stock recorded a trading volume of 3.24 million shares. The Company's shares have gained 5.86% in the last one month, 17.46% over the previous three months, and 29.48% since the start of this year. The stock is trading 5.35% and 30.03% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Western Digital, which together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide, have an RSI of 56.30.

On May 01^st, 2017, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'.

On May 18^th, 2017, Western Digital announced that it will participate in the 45^th Annual J.P. Morgan Global Technology, Media and Telecom Conference on Tuesday, May 23^rd, 2017 at 10:40 a.m. ET. The live presentation will be available via webcast on the Company's Investor Relations home page. Visit us today and access our complete research report on WDC at:

http://stock-callers.com/registration/?symbol=WDC

NetApp

Sunnyvale, California headquartered NetApp Inc.'s stock ended 1.14% higher at $39.98. A total volume of 4.24 million shares was traded, which was above their three months average volume of 2.82 million shares. The Company's shares have advanced 1.24% in the last one month and 13.35% on an YTD basis. The stock is trading above its 200-day moving average by 8.32%. Furthermore, shares of NetApp, which provides software, systems, and services to manage and store computer data worldwide, have an RSI of 47.41.

On May 09^th, 2017, NetApp announced that it will report financial results for Q4 FY17, which ended April 28^th, 2017, after market close on May 24^th, 2017. The executive management will host a conference call at 2:30 p.m. PT on that same day to discuss these results and provide their perspective on market dynamics. Get free access to your research report on NTAP at:

http://stock-callers.com/registration/?symbol=NTAP

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