Keybanc Maintains Overweight on Pure Storage, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Thomas Blakey maintains an Overweight rating on Pure Storage (NYSE:PSTG) and raises the price target from $47 to $51.
February 09, 2024 | 8:13 pm
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Keybanc analyst Thomas Blakey maintains an Overweight rating on Pure Storage and raises the price target from $47 to $51.
The increase in price target by Keybanc suggests a positive outlook on Pure Storage's stock, likely due to strong performance or favorable market conditions. This analyst endorsement can boost investor confidence, potentially leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100