Shares Seagate Technology PLC STX 0.73% have seen an "excellent run" in 2018, but industry-wide HDD headwinds now warrants a bearish stance on the stock, according to Evercore. Evercore ISI's C.J. Muse downgraded Seagate from In Line to Underperform with a price target lowered from $55 to $45. SourceDownside still holds due to stochastics. However, it might be over soon. $STX, Seagate Technology Holdings PLC / D