Pure Storage, Inc. (PSTG) Tops Q3 EPS by 5c, Offers FY Guidance
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Oppenheimer Raises Price Target on Pure Storage, Inc. (PSTG) Following 3Q Report
December 1, 2016 10:02 AM ESTOppenheimer reiterated an Outperform rating on Pure Storage, Inc. (NYSE: PSTG), and raised the price target to $17.00 (from $15.00), following the company's 3Q earnings report. Pure reported results of $197.0M/loss of $0.10/sh easily topping the Street's $192.2M/loss of $0.15/sh target. Management's 4Q-FY17 guidance compares favorably... More
Jefferies Raises Price Target on Pure Storage, Inc. (PSTG) Following 3Q; Reiterates Hold
December 1, 2016 9:25 AM ESTJefferies reiterated a Hold rating on Pure Storage, Inc. (NYSE: PSTG), and raised the price target to $13.50 (from $13.00), following the company's 3Q earnings report. Pure reported revenue of $197M, beating Consensus of $192M. EPS hit ($0.10), well exceeding the Street's ($0.15) estimate.
Analyst James... More
UBS Raises price Target on Pure Storage, Inc. (PSTG) to $17 Following 3Q
December 1, 2016 7:57 AM ESTUBS reiterated a Buy rating on Pure Storage, Inc. (NYSE: PSTG), and raised the price target to $17.00 (from $16.00), following the company's 3Q earnings report. Revenue rose by 50% YoY and 21% sequentially as the customer base now exceeds 2,600, including more than 100 of the Fortune 500. PSTG... More
Needham & Company Reiterates Buy on Pure Storage, Inc. (PSTG) Following 3Q
December 1, 2016 7:46 AM ESTNeedham & Company reiterated a Buy rating and $18.00 price target on Pure Storage (NYSE: PSTG) following the company's 3Q earnings report. Pure reported revenue of $197.0M and ($0.10) in non-GAAP EPS, well above consensus of $192.4M/($0.15).
Analyst Richard Kugele commented, "The collective next-gen... More
