Lake Street Maintains Buy on Pure Storage, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Eric Martinuzzi maintains a Buy rating on Pure Storage (NYSE:PSTG) but lowers the price target from $70 to $68.

August 29, 2024 | 5:07 pm
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Lake Street analyst Eric Martinuzzi continues to recommend buying Pure Storage (NYSE:PSTG) shares, but has slightly reduced the price target from $70 to $68.
The analyst's decision to maintain a Buy rating suggests continued confidence in Pure Storage's prospects, which is positive. However, the slight reduction in the price target indicates a minor adjustment in expectations, which could be seen as a neutral factor in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100