Pure Storage, Inc. (PSTG) Tops Q3 EPS by 10c; Guides Higher
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Pure Storage (PSTG) PT Raised to $36 at Cowen
November 24, 2021 8:52 AM ESTCowen analyst Karl Ackerman raised the price target on Pure Storage (NYSE: PSTG) to $36.00 (from $30.00) while maintaining an Outperform rating.
The analyst commented, "We still like the name and think the story has legs despite shares looking up +10% on the open.... More
Pure Storage (PSTG) PT Raised to $33 at Stifel
November 24, 2021 7:12 AM ESTStifel analyst Chris O'Cull raised the price target on Pure Storage (NYSE: PSTG) to $33.00 (from $30.00) while maintaining a Buy rating.
The analyst commented, "We reiterate our Buy rating on Pure Storage following another beat-and-raise quarter, driven by strong growth in both product (+37% y/y) and... More
Pure Storage (PSTG) PT Raised to $34 at Goldman Sachs
November 24, 2021 7:00 AM ESTGoldman Sachs analyst Rod Hall raised the price target on Pure Storage (NYSE: PSTG) to $34.00 while maintaining a Buy rating following earnings.
The analyst commented, "Pure reported strong FQ3 results as the company cited robust demand across its portfolio of products and... More
Why Pure Storage (PSTG) Stock Is Up 15% Today. Analyst Weighs In
November 24, 2021 5:50 AM ESTShares of Pure Storage (NYSE: PSTG) are up over 15% in pre-open Wednesday as the company reported better-than-expected Q3 results.
Pure Storage reported Q3 EPS of $0.22 to smash the analyst estimate of $0.12. Revenue for the quarter came in at $562.7 million versus the consensus estimate of $530.83 million.
"With Q3 revenue up 37% year-over-year and with increasing profitability, it's clear that Pure... More
