Pure Storage Announces Third Quarter Fiscal 2018 Financial Results

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Pure Storage (PSTG) PT Raised to $24 at KeyBanc Following 3Q

November 29, 2017 8:01 AM EST

KeyBanc raised its price target on Pure Storage (NYSE: PSTG) to $24.00 (from $21.00) while maintaining a Overweight rating following the company's 3Q earnings report.

PSTG beat F3Q18 revenue and EPS estimates and raised the midpoint for F18 revenue by $11M. Giancarlo delivered an... More

Pure Storage (PSTG) PT Raised to $22 at BMO Capital Following 3Q Release

November 29, 2017 7:08 AM EST

BMO Capital raised its price target on Pure Storage (NYSE: PSTG) to $22.00 (from $16.00) while maintaining a Outperform rating following the company's 3Q earnings report. PSTG reported Sales of $278M, above the consensus estimates of $272M on growth of 41% y/y. EPS of ($0.01) beat consensus... More

Pure Storage (PSTG) PT Raised to $22 at Susquehanna

November 29, 2017 6:23 AM EST

Susquehanna raised its price target on Pure Storage (NYSE: PSTG) to $22.00 (from $20.00) while maintaining a Positive rating following positive results and guidance.

Analyst Mehdi Hosseini said the results support their long-term view of $1+ in EPS by CY20, underpinned by improving sales productivity metrics.

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Pure Storage, Inc. (PSTG) Tops Q3 EPS by 2c; Raises Revenue Outlook

November 28, 2017 4:07 PM EST

Pure Storage, Inc. (NYSE: PSTG) reported Q3 EPS of ($0.01), $0.02 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $278 million versus the consensus estimate of $272.7 million.

Raising full-year fiscal 2018 revenue guidance to between $1.012 billion and $1.020 billion and non-GAAP... More