Susquehanna Upgrades Pure Storage (PSTG) to Positive
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Price: $60.90 -0.38%
Rating Summary:
27 Buy, 9 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
27 Buy, 9 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Susquehanna analyst Mehdi Hosseini upgraded Pure Storage (NYSE: PSTG) from Neutral to Positive with a price target of $25.00 (from $16.00).
The analyst commented, "Upgrading to Positive, as next AFA upgrade cycle and associated opportunities are vast and still in the early innings, while 5G-fueld growth in data/analytics can add another layer of demand, giving us confidence in sustained growth through FY22."
For an analyst ratings summary and ratings history on Pure Storage click here. For more ratings news on Pure Storage click here.
Shares of Pure Storage closed at $17.11 yesterday.
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