Pure Storage shares are trading lower after Barclays downgraded the stock from Overweight to Equal-Weight.
Portfolio Pulse from Benzinga Newsdesk
Pure Storage shares are trading lower after Barclays downgraded the stock from Overweight to Equal-Weight.
May 21, 2024 | 2:17 pm
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NEGATIVE IMPACT
Pure Storage shares are trading lower following a downgrade by Barclays from Overweight to Equal-Weight.
The downgrade by Barclays from Overweight to Equal-Weight is likely to negatively impact investor sentiment and lead to a short-term decline in Pure Storage's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100