Needham Reiterates Buy on Pure Storage, Maintains $66 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has reiterated a Buy rating on Pure Storage (NYSE:PSTG) and maintained a $66 price target on the stock.
April 11, 2024 | 9:37 am
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POSITIVE IMPACT
Needham analyst Mike Cikos reaffirmed a Buy rating on Pure Storage, with a price target of $66, indicating a positive outlook on the stock.
The reiteration of a Buy rating and maintenance of a $66 price target by a reputable analyst like Mike Cikos from Needham suggests a strong conviction in the stock's potential for growth. This endorsement is likely to instill confidence in investors, potentially driving up the stock's price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100