The Analyst Verdict: Pure Storage In The Eyes Of 24 Experts
Portfolio Pulse from Benzinga Insights
Over the past three months, 24 analysts have shared their insights on Pure Storage (NYSE:PSTG), with a mix of bullish and bearish opinions. The average 12-month price target has increased by 16% to $70.96. Analysts have adjusted their ratings and price targets, reflecting their views on Pure Storage's market position and financial performance.
August 19, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Pure Storage (NYSE:PSTG) has received mixed analyst ratings over the past three months, with a notable increase in the average 12-month price target by 16% to $70.96. Analysts have adjusted their ratings and price targets, indicating varied expectations for the company's future performance.
The increase in the average price target by 16% suggests a positive outlook from analysts, which could lead to a short-term increase in stock price. The mixed ratings indicate varied expectations, but the overall trend in price targets is upward.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100