Pure Storage, Inc. (PSTG) Tops Q2 EPS by 9c; Raises Outlook

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Pure Storage (PSTG) PT Raised to $28 at Stifel

August 26, 2021 6:30 AM EDT

Stifel analyst Chris O'Cull raised the price target on Pure Storage (NYSE: PSTG) to $28.00 (from $25.00) while maintaining a Buy rating following earnings.

The analyst commented, "Pure's 2QFY22 revenue of $496.8mn (+23.1% y/y) was well above our $475mn estimate, with continued growth in... More