Deutsche Bank Maintains Buy on Pure Storage, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Sidney Ho maintains a Buy rating on Pure Storage (NYSE:PSTG) and raises the price target from $32 to $36.
June 01, 2023 | 1:17 pm
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POSITIVE IMPACT
Deutsche Bank maintains a Buy rating on Pure Storage and raises the price target from $32 to $36.
The news of Deutsche Bank maintaining a Buy rating and raising the price target for Pure Storage (PSTG) is positive for the stock. This indicates that the analyst believes the company's prospects are strong and the stock is undervalued. As a result, the stock price is likely to go up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100