Pure Storage (PSTG) PT Raised to $30 at KeyBanc Following 2Q

Pure Storage (PSTG) PT Raised to $26 at Oppenheimer

Oppenheimer analyst George Iwanyc raised the price target on Pure Storage (NYSE: PSTG) to $26.00 (from $24.00) while maintaining an Outperform rating.

Iwanyc commented, "Pure reported better-than-expected FY2Q19 results and raised its FY19 targets (sales and margins) driven by strong execution, NVMe product... More

Pure Storage (PSTG) PT Raised to $28 at FBN Securities

FBN Securities analyst Shebly Seyrafi raised the price target on Pure Storage (NYSE: PSTG) to $28.00 (from $26.00) while maintaining an Outperform rating.

Seyrafi commented, "The company reported a FQ2/July revenue beat driven by strong growth in both product (+34% Y/Y) and support (+51%... More

Pure Storage (PSTG) PT Raised to $30 at BMO Capital

BMO Capital analyst Tim Long raised the price target on Pure Storage (NYSE: PSTG) to $30.00 (from $29.00) while maintaining an Outperform rating.

Long noted results exceeded expectations across the board, as success with larger customers and cloud players continues to play out, and win rates are impressive.

Pure Storage (PSTG) PT Raised to $24 at Morgan Stanley

Morgan Stanley analyst Katy Huberty raised the price target on Pure Storage (NYSE: PSTG) to $24.00 (from $21.00) while maintaining a Equalweight rating.

Pure Storage (PSTG) PT Raised to $28 at Piper Jaffray

Piper Jaffray analyst Andrew Nowinski raised the price target on Pure Storage (NYSE: PSTG) to $28.00 (from $26.00) while maintaining a Overweight rating.

Pure Storage (PSTG) PT Raised to $26 at Deutsche Bank

Deutsche Bank analyst Sherri Scribner raised the price target on Pure Storage (NYSE: PSTG) to $26.00 (from $25.00) while maintaining a Buy rating.

After-Hours Movers 08/21: (LZB) (KEYS) (PSTG) Higher; (SMCI) (NBEV) (GSM) Lower (more...)

Today's After-Hours Movers

La-Z-Boy (NYSE: LZB) 20.5% HIGHER; reported Q1 EPS of $0.39, may not compare to the analyst estimate of $0.25. Revenue for the quarter came in at $384.7 million versus the consensus estimate of $368.17 million.

Super Micro Computer, Inc. (NASDAQ: SMCI) 19.6% LOWER; announced that the Company has notified The Nasdaq Stock Market Hearings Panel (the Panel) that the Company will be unable to meet the Panels August 24, 2018 deadline to regain compliance with The Nasdaq Stock Market... More

Pure Storage, Inc. (PSTG) Tops Q2 EPS by 7c, Revenues Beat; Offers FY19 Revenue Outlook

Pure Storage, Inc. (NYSE: PSTG) reported Q2 EPS of $0.01, $0.07 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $308.9 million versus the consensus estimate of $301.3 million.

"Pure has delivered another exceptional quarter, with all measures exceeding our Q2 guidance ranges,"... More

Pure Storage, Inc. (PSTG) Reports Acquisition of StorReduce

Pure Storage (NYSE: PSTG), the all-flash storage leader that helps innovators build a better world with data, today announced the acquisition of privately-held, Sunnyvale, California based software company StorReduce, a cloud-first software-defined storage solution for managing large scale unstructured data.

The acquisition allows Pure Storage to add sophisticated deduplication technology to its object storage portfolio and expand its public cloud integrations to meet... More

Pure Storage, Inc. (PSTG) option implied volatility bid into EPS

Pure Storage, Inc. (NYSE: PSTG) September call option implied volatility is at 59, October is at 51; compared to its 52-week range of 31 to 68 into the expected release of EPS after the close on August 21.