Keybanc Maintains Overweight on Pure Storage, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Thomas Blakey maintains an Overweight rating on Pure Storage (NYSE:PSTG) and raises the price target from $55 to $64.
March 12, 2024 | 8:42 am
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Keybanc analyst Thomas Blakey maintains an Overweight rating on Pure Storage and raises the price target from $55 to $64.
The increase in price target by a reputable analyst like Thomas Blakey from Keybanc signals a strong bullish sentiment towards Pure Storage. This is likely to positively influence investor perception and could lead to a short-term increase in the stock price. The Overweight rating reaffirms the analyst's confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100