ServiceNow Gets Smart About Storage with Pure Storage

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Pure Storage (PSTG) PT Raised to $25 at Susquehanna

May 29, 2020 11:00 AM EDT

Susquehanna analyst Mehdi Hosseini raised the price target on Pure Storage (NYSE: PSTG) to $25.00 (from $20.00) while maintaining a Positive rating following the company's 1Q earnings report. PSTG reported revenues of $367M up +12.4% Y/Y and down -25.4% Q/Q vs. consensus... More

Pure Storage (PSTG) PT Raised to $21 at Raymond James

May 29, 2020 7:55 AM EDT

Raymond James analyst Simon Leopold raised the price target on Pure Storage (NYSE: PSTG) to $21.00 (from $17.50) while maintaining a Outperform rating following the company's 1Q earnings report. Pure Storage reported F1Q21 revenue of $367.1 million, above the Streets $351.4 million and the original forecast for ~$365... More

Pure Storage (PSTG) PT Raised to $22 at BofA Securities Following 1Q Report

May 29, 2020 7:35 AM EDT

BofA Securities analyst Wamsi Mohan raised the price target on Pure Storage (NYSE: PSTG) to $22.00 (from $20.00) while maintaining a Buy rating following the company's 1Q earnings report. 1Q revenue at $367mn came in above prior guide, as well as significantly above Street... More