Keybanc Maintains Overweight on Pure Storage, Raises Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Thomas Blakey maintains an Overweight rating on Pure Storage (NYSE:PSTG) and raises the price target from $64 to $79.
May 30, 2024 | 9:47 am
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Keybanc analyst Thomas Blakey has maintained an Overweight rating on Pure Storage and raised the price target from $64 to $79, indicating strong confidence in the company's future performance.
The increase in the price target from $64 to $79 by a reputable analyst suggests a positive outlook for Pure Storage. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100