Pure Storage, Inc. (PSTG) Tops Q4 EPS by 6c, Beats on Revenues; Offers FY19 Revenue Mid-Point Above Consensus

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Go back to Pure Storage, Inc. (PSTG) Tops Q4 EPS by 6c, Beats on Revenues; Offers FY19 Revenue Mid-Point Above Consensus

Susquehanna Downgrades Pure Storage (PSTG) to Neutral

March 2, 2018 7:09 AM EST

Susquehanna downgraded Pure Storage (NYSE: PSTG) from Positive to Neutral with a price target of $22.00.

Analsyt Mehdi Hosseini commented, "Downgrading to Neutral, as our $22 PT represents only ~5% upside from current levels, and we lack visibility - particularly around FlashBlade, to raise... More