Deutsche Bank Maintains Buy Rating for Pure Storage: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Deutsche Bank has maintained its Buy rating for Pure Storage (NYSE:PSTG) and raised its price target from $32.00 to $36.00. Shares of Pure Storage are trading up 20.82% over the last 24 hours, at $34.78 per share.
June 01, 2023 | 5:00 pm
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Deutsche Bank maintains Buy rating for Pure Storage and raises price target to $36.00. Shares are up 20.82% in the last 24 hours.
Deutsche Bank's decision to maintain its Buy rating and raise the price target for Pure Storage is a positive signal for the company's stock. The increase in the price target suggests that Deutsche Bank sees potential for further growth in the stock price. This news, combined with the recent 20.82% increase in the stock price, indicates a positive short-term impact on Pure Storage's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100