Barclays Maintains Equal-Weight on Pure Storage, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Equal-Weight rating on Pure Storage (NYSE:PSTG) and raises the price target from $51 to $56.
May 30, 2024 | 7:30 pm
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Barclays analyst Tim Long maintains an Equal-Weight rating on Pure Storage and raises the price target from $51 to $56.
The raised price target from $51 to $56 by Barclays suggests a positive outlook for Pure Storage, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100