UBS Raises price Target on Pure Storage, Inc. (PSTG) to $17 Following 3Q

Oppenheimer Raises Price Target on Pure Storage, Inc. (PSTG) Following 3Q Report

December 1, 2016 10:02 AM EST

Oppenheimer 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 EST

Jefferies 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

Needham & Company Reiterates Buy on Pure Storage, Inc. (PSTG) Following 3Q

December 1, 2016 7:46 AM EST

Needham & 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

Pure Storage, Inc. (PSTG): Raising PT To $13 - Susquehanna

December 1, 2016 6:47 AM EST

Susquehanna analyst, Mehdi Hosseini, reiterated his Neutral rating on shares of Pure Storage (NYSE: PSTG) but raised his price target to $13 after a strong report and guide speak to PSTG's ability to drive operating leverage.

However, he keeps his Neutral... More

After-Hours Stock Movers 11/30: (BLUE) (TLYS) (COL) Higher; (PTN) (GES) (BEAV) Lower (more...)

November 30, 2016 6:21 PM EST

Today's After-Hours Movers

Palatin Technologies, Inc (NYSE: PTN) 27.8% LOWER; commenced an underwritten public offering, subject to market and other conditions, to issue and sell shares of its common stock and warrants to purchase shares of its common stock. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

bluebird bio, Inc. (Nasdaq: BLUE) 22.3% HIGHER; announced that interim data from its ongoing Phase 1... More

Pure Storage, Inc. (PSTG) Tops Q3 EPS by 5c, Offers FY Guidance

November 30, 2016 4:02 PM EST

Pure Storage, Inc. (NYSE: PSTG) reported Q3 EPS of ($0.10), $0.05 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $197 million versus the consensus estimate of $192.36 million.

GUIDANCE:

Pure Storage, Inc. sees FY2017 revenue of $219-227 million,... More

Trading Radar for 11/30: American Eagle Outfitters (AEO), Guess? (GES), Box (BOX), PVH Corp. (PVH) Report

November 29, 2016 1:47 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:15am EST

ADP Employment Change - Street sees 160k

8:30am EST

Personal Income - Street sees 0.4%Personal Spending... More