Keybanc Maintains Overweight on Pure Storage, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Thomas Blakey has maintained an Overweight rating on Pure Storage (NYSE:PSTG) and increased the price target from $43 to $47.
January 24, 2024 | 9:34 am
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Keybanc analyst Thomas Blakey reaffirmed an Overweight rating on Pure Storage and raised the price target to $47, indicating a positive outlook on the stock.
The increase in price target by Keybanc reflects a positive assessment of Pure Storage's future performance, which is likely to be viewed favorably by investors. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100