Morgan Stanley Maintains Overweight on Pure Storage, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Overweight rating on Pure Storage (NYSE:PSTG) and raised the price target from $48 to $60.
May 23, 2024 | 3:29 pm
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POSITIVE IMPACT
Morgan Stanley has maintained its Overweight rating on Pure Storage and raised the price target from $48 to $60, indicating strong confidence in the company's future performance.
The raised price target and maintained Overweight rating from a reputable firm like Morgan Stanley suggest a positive outlook for Pure Storage, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100