Lake Street Maintains Buy on Pure Storage, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Eric Martinuzzi maintains a Buy rating on Pure Storage (NYSE:PSTG) and raises the price target from $48 to $70.
May 30, 2024 | 7:39 pm
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Lake Street analyst Eric Martinuzzi has maintained a Buy rating on Pure Storage and increased the price target from $48 to $70, indicating strong confidence in the company's future performance.
The increase in the price target from $48 to $70 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