Credit Suisse Maintains Outperform on Pure Storage, Raises Price Target to $42
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Shannon Cross maintains an Outperform rating on Pure Storage (NYSE:PSTG) and raises the price target from $40 to $42.
June 02, 2023 | 11:48 am
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POSITIVE IMPACT
Credit Suisse maintains an Outperform rating on Pure Storage and raises the price target from $40 to $42.
The raised price target by Credit Suisse indicates a positive outlook for Pure Storage. This news is likely to have a positive impact on the stock price in the short term as it shows increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100