Citi starts PureStorage (PSTG) at Buy despite Meta concerns
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
Citi Starts Pure Storage (PSTG) at Buy, 'A Leading Beneficiary of AI-Induced Transition to Flash-Based Storage'
March 15, 2024 4:10 AM EDTCiti analyst Asiya Merchant initiates coverage on Pure Storage (NYSE: PSTG) with a Buy rating and a price target of $65.00.
The analyst comments "We initiate coverage of Pure Storage with a Buy rating and $65 target price, representing 28% ETR. With 100% of its portfolio based on... More

