Pure Storage Stock Has 22% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]
Pure Storage, Inc. Class A (PSTG)
Last pure storage, inc. class a earnings: 2/27 04:02 pm
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investor.purestorage.com
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Source: Yahoo! Finance
world awash in data, larger and faster storage systems are a necessity, not a want, for many clients. Pure Storage is on the cutting edge of that segment. The company has won the attention of analysts, too, and often it's been the positive kind of attention. Many are bullish on its future, including one prognosticator from a big bank who recently tagged it with a buy recommendation. Initiated with a solid buy recommendation In mid-March, Citigroup analyst Asiya Merchant launched her bank's coverage of Pure Storage. In slapping a buy sticker on the shares, she set a price target of $65 apiece. Given the current price, that implies an upside of 23% over the next 12 months or so for the stock. "With 100% of its portfolio based on all-flash, Pure participates in the highest-growth sub-segment of external storage," Merchant wrote in her inaugural research note on the stock. She added that artificial intelligence (AI) and machine learning (ML) functionalities "are likely to furthe
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PSTG
News
- Pure Storage, Inc. (NYSE: PSTG) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Pure Storage (PSTG) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
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PSTG
Earnings
- 2/28/24 - Beat
PSTG
Sec Filings
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- 4/18/24 - Form 4
- PSTG's page on the SEC website