TD Cowen Maintains Buy on Pure Storage, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Krish Sankar maintains a Buy rating on Pure Storage (NYSE:PSTG) and raises the price target from $60 to $80.
May 30, 2024 | 6:42 pm
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TD Cowen analyst Krish Sankar has maintained a Buy rating on Pure Storage and increased the price target from $60 to $80, indicating strong confidence in the company's future performance.
The increase in the price target from $60 to $80 by a reputable analyst suggests a strong 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