Pure Storage shares are trading higher after B of A Securities maintained a Neutral rating on the stock but raised its price target from $33 to $38.
Portfolio Pulse from Benzinga Newsdesk
Bank of America Securities has maintained a Neutral rating on Pure Storage's stock but increased its price target from $33 to $38. This has resulted in Pure Storage's shares trading higher.
August 28, 2023 | 1:11 pm
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Pure Storage's stock is trading higher after Bank of America Securities maintained a Neutral rating but raised its price target from $33 to $38.
The increase in Pure Storage's price target by Bank of America Securities indicates a positive outlook for the company's stock. This has led to an increase in the trading price of Pure Storage's shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100