Morgan Stanley increases Pure Storage target to 11% downside [Seeking Alpha]
Morgan Stanley (MS)
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Source: Seeking Alpha
Morgan Stanley increases Pure Storage target to 11% downsideMorgan Stanleymaintains an Overweight rating on Pure Storage (NYSE:PSTG) and raises the price target from $19 to $21, an 11% downside to yesterday’s close.Pure Storage shares aredown 2.8% to $22.93.Previously:Pure Storage -6.6% on Q1 beats with product margin drop, in-line guide (May 21)See all stocks on the move »Now read:Pure Storage: We've Been Here Before »
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