Pure Storage shares are trading higher after Guggenheim raised its price target on the stock from $72 to $93.
Portfolio Pulse from Benzinga Newsdesk
Pure Storage shares are trading higher following Guggenheim's decision to raise its price target from $72 to $93.
October 17, 2024 | 7:25 pm
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POSITIVE IMPACT
Guggenheim has increased its price target for Pure Storage from $72 to $93, leading to a rise in the company's stock price.
The increase in price target by a reputable firm like Guggenheim is a positive signal to investors, suggesting confidence in Pure Storage's future performance. This has led to an immediate positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100