Needham Initiates Coverage On Pure Storage with Buy Rating, Announces Price Target of $66
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos initiates coverage on Pure Storage (NYSE:PSTG) with a Buy rating and a price target of $66.
March 06, 2024 | 1:33 pm
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Needham analyst Mike Cikos initiates coverage on Pure Storage with a Buy rating and a price target of $66.
The initiation of coverage by Needham with a Buy rating and a high price target of $66 is a strong positive signal for Pure Storage. This endorsement from a reputable analyst could lead to increased investor confidence and demand for PSTG shares, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100