Northland Capital Markets Downgrades Pure Storage to Market Perform, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has downgraded Pure Storage (NYSE:PSTG) from Outperform to Market Perform, while raising the price target from $58 to $68.
May 30, 2024 | 5:52 pm
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Northland Capital Markets downgraded Pure Storage from Outperform to Market Perform, but raised the price target from $58 to $68.
The downgrade from Outperform to Market Perform suggests a neutral outlook, which could temper investor enthusiasm. However, the raised price target to $68 indicates some underlying positive sentiment about the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100