UBS Upgrades Pure Storage (PSTG) to Buy
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Pure Storage (PSTG): Oversold Ahead of FlashBlade Launch - Raymond James
May 31, 2016 8:39 AM EDTRaymond James analyst, Brian Alexander, hosted a group investor meeting with management of Pure Storage (NYSE: PSTG) following last week's sharp selloff. He came away more convinced that the pullback presents an opportunity, as:
1) concerns about decelerating growth appear overblown
2) confusion about managements commitment to its full year outlook should be increasingly understood
3) the pending launch of... More
