TechTarget Research Reports All Flash Array and HyperConverged Infrastructure Transaction Volume Grew By 25% and 30% in Q4, 2016

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Go back to TechTarget Research Reports All Flash Array and HyperConverged Infrastructure Transaction Volume Grew By 25% and 30% in Q4, 2016

Pure Storage (PSTG) PT Lowered to $15 at Oppenheimer; Reiterates Outperform

March 2, 2017 9:29 AM EST

Oppenheimer lowered its price target on Pure Storage (NYSE: PSTG) to $15.00 (from $17.00) while maintaining a Outperform rating. Pure delivered solid 4Q results with revenue ($227.9M vs. $224.5M) and EPS (($0.02) vs. ($0.08)) topping consensus expectations.

Analyst Ittai Kidron commented, "Pure reported solid FY4Q17... More

Pure Storage (PSTG) PT Lowered to $11 at Jefferies Following 4Q

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Jefferies lowered its price target on Pure Storage (NYSE: PSTG) to $11.00 (from $13.50) while maintaining a Hold rating. Pure reported 4Q revenue of $228M, beating Consensus of $224.5M. EPS hit ($0.02), exceeding the Street's ($0.08).

Analyst James Kisner commented, "Q4 results were above the Street.... More

BMO Capital Remains Bullish on Pure Storage, Inc. (PSTG) Ahead of 4Q Release

March 1, 2017 1:25 PM EST

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