Barclays Maintains Overweight on Pure Storage, Raises Price Target to $42
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Tim Long has maintained an Overweight rating on Pure Storage (NYSE:PSTG) and raised the price target from $38 to $42.
August 31, 2023 | 8:56 am
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on Pure Storage and raised the price target from $38 to $42, indicating positive sentiment.
The raised price target by Barclays indicates a positive outlook for Pure Storage. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100