Northland Capital Markets Reiterates Market Perform on Pure Storage, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has reiterated a Market Perform rating for Pure Storage (NYSE:PSTG) while lowering the price target from $68 to $59.
August 29, 2024 | 5:00 pm
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Northland Capital Markets has reiterated a Market Perform rating for Pure Storage and lowered its price target from $68 to $59, indicating a more cautious outlook.
The lowering of the price target from $68 to $59 by Northland Capital Markets suggests a more cautious outlook on Pure Storage's future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
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