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UBS Reiterates Buy on Pure Storage, Inc. (PSTG) Following 2Q Report

August 26, 2016 9:11 AM EDT

UBS reiterated a Buy rating and $16.00 price target on Pure Storage (NYSE: PSTG) following the company's 2Q earnings report. PSTG reported a revenue beat of $163mn vs the Street's $155mn estimate.

Analyst Steven Milunovich commented, "Despite concern about the quarter that sent... More

Susquehanna Remains Sidelined on Pure Storage, Inc. (PSTG) Following 2Q

August 26, 2016 6:56 AM EDT

Susquehanna reiterated a Neutral rating on Pure Storage, Inc. (NYSE: PSTG), and raised the price target to $12.00 (from $11.00), following the company's 2Q earnings report. Reported revenue of $163M exceeded consensus of $155M, and was above the guide of $153M-$157M. An EPS loss of... More