Pure Storage Named a Leader for Second Consecutive Year in 2022 Gartner® Magic Quadrant™ for Distributed File Systems and Object Storage

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Pure Storage (PSTG) is 'Generally a Consensus Long' - Morgan Stanley

October 31, 2022 3:19 PM EDT

Pure Storage (NYSE: PSTG) was upgraded to Overweight from Equal-Weight, with its price target raised to $37 from $35 per share by Morgan Stanley analyst Meta Marshall on Monday.

"PSTG is generally a consensus long, and risks around NAND pricing and cloud capex do exist," wrote Marshall, who added that they believe "PSTG should... More