Wedbush Maintains Outperform on Pure Storage, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Matt Bryson maintains an Outperform rating on Pure Storage (NYSE:PSTG) and raises the price target from $70 to $80.
May 30, 2024 | 2:55 pm
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Wedbush analyst Matt Bryson has maintained an Outperform rating on Pure Storage and increased the price target from $70 to $80, indicating strong confidence in the company's future performance.
The increase in the price target from $70 to $80 by a reputable analyst suggests a positive outlook for Pure Storage. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100