JPMorgan Chase raised Pure Storage's price target to $75, up from $50, and gave it an overweight rating.
JPMorgan Chase raised its price target on Pure Storage (NYSE:PSTG) to $75, up from $50, and gave the company an overweight rating. Pure Storage reported earnings per share of $0.27 for the quarter, surpassing the consensus estimate of $0.17 by $0.10. The company's revenue for the quarter was $789.81 million, exceeding analysts' expectations of $784.31 million.
June 02, 2024
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