Pure Storage Announces Second Quarter Fiscal 2019 Financial Results

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Pure Storage (PSTG) PT Raised to $26 at Oppenheimer

August 22, 2018 9:41 AM EDT

Oppenheimer analyst George Iwanyc raised the price target on Pure Storage (NYSE: PSTG) to $26.00 (from $24.00) while maintaining an Outperform rating.

Iwanyc commented, "Pure reported better-than-expected FY2Q19 results and raised its FY19 targets (sales and margins) driven by strong execution, NVMe product... More

Pure Storage (PSTG) PT Raised to $28 at FBN Securities

August 22, 2018 9:39 AM EDT

FBN Securities analyst Shebly Seyrafi raised the price target on Pure Storage (NYSE: PSTG) to $28.00 (from $26.00) while maintaining an Outperform rating.

Seyrafi commented, "The company reported a FQ2/July revenue beat driven by strong growth in both product (+34% Y/Y) and support (+51%... More

Pure Storage (PSTG) PT Raised to $30 at KeyBanc Following 2Q

August 22, 2018 8:41 AM EDT

KeyBanc analyst Alex Kurtz raised the price target on Pure Storage (NYSE: PSTG) to $30.00 (from $29.00) while maintaining a Overweight rating following the company's 2Q earnings report. Pure Storage reported better-than-expected results with revenue of $308.9M, vs. consensus of $301.3M.

Pure raised... More

Pure Storage (PSTG) PT Raised to $30 at BMO Capital

August 22, 2018 7:26 AM EDT

BMO Capital analyst Tim Long raised the price target on Pure Storage (NYSE: PSTG) to $30.00 (from $29.00) while maintaining an Outperform rating.

Long noted results exceeded expectations across the board, as success with larger customers and cloud players continues to play out, and win rates are impressive.

... More

Pure Storage, Inc. (PSTG) Tops Q2 EPS by 7c, Revenues Beat; Offers FY19 Revenue Outlook

August 21, 2018 4:07 PM EDT

Pure Storage, Inc. (NYSE: PSTG) reported Q2 EPS of $0.01, $0.07 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $308.9 million versus the consensus estimate of $301.3 million.

"Pure has delivered another exceptional quarter, with all measures exceeding our Q2 guidance ranges,"... More