Raymond James Maintains Outperform on Pure Storage, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Simon Leopold has maintained an Outperform rating on Pure Storage (NYSE:PSTG) and raised the price target from $63 to $73.
May 30, 2024 | 4:03 pm
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Raymond James has reaffirmed its Outperform rating on Pure Storage and increased the price target from $63 to $73, indicating strong confidence in the company's future performance.
The increase in the price target from $63 to $73 by a reputable analyst firm like Raymond James 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