Pure Storage (PSTG) PT Raised to $28 at FBN Securities
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Pure Storage (PSTG) PT Raised to $26 at Oppenheimer
August 22, 2018 9:41 AM EDTOppenheimer 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 $30 at KeyBanc Following 2Q
August 22, 2018 8:41 AM EDTKeyBanc 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 EDTBMO 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.
... MorePure Storage (PSTG) PT Raised to $24 at Morgan Stanley
August 22, 2018 6:55 AM EDTMorgan Stanley analyst Katy Huberty raised the price target on Pure Storage (NYSE: PSTG) to $24.00 (from $21.00) while maintaining a Equalweight rating.
... MorePure Storage (PSTG) PT Raised to $28 at Piper Jaffray
August 22, 2018 6:06 AM EDTPiper Jaffray analyst Andrew Nowinski raised the price target on Pure Storage (NYSE: PSTG) to $28.00 (from $26.00) while maintaining a Overweight rating.
... MorePure Storage (PSTG) PT Raised to $26 at Deutsche Bank
August 22, 2018 5:30 AM EDTDeutsche Bank analyst Sherri Scribner raised the price target on Pure Storage (NYSE: PSTG) to $26.00 (from $25.00) while maintaining a Buy rating.
... MorePure Storage, Inc. (PSTG) Tops Q2 EPS by 7c, Revenues Beat; Offers FY19 Revenue Outlook
August 21, 2018 4:07 PM EDTPure 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
Pure Storage, Inc. (PSTG) Reports Acquisition of StorReduce
August 21, 2018 4:07 PM EDTPure Storage (NYSE: PSTG), the all-flash storage leader that helps innovators build a better world with data, today announced the acquisition of privately-held, Sunnyvale, California based software company StorReduce, a cloud-first software-defined storage solution for managing large scale unstructured data.
The acquisition allows Pure Storage to add sophisticated deduplication technology to its object storage portfolio and expand its public cloud integrations to meet... More
