Guggenheim Maintains Buy on Pure Storage, Raises Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Howard Ma has maintained a Buy rating on Pure Storage (NYSE:PSTG) and raised the price target from $72 to $93.
October 17, 2024 | 5:26 pm
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Guggenheim has reaffirmed its Buy rating on Pure Storage and increased the price target from $72 to $93, indicating confidence in the company's future performance.
The increase in price target from $72 to $93 by Guggenheim suggests a positive outlook on Pure Storage's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100