Pure Storage, Inc. (PSTG) June 60 straddle into quarter results

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Go back to Pure Storage, Inc. (PSTG) June 60 straddle into quarter results

Pure Storage (PSTG) PT Raised to $68 at BofA Securities

May 30, 2024 5:44 AM EDT

BofA Securities analyst Wamsi Mohan raised the price target on Pure Storage (NYSE: PSTG) to $68.00 (from $57.00) while maintaining a Neutral rating.

The analyst comments "F1Q rev/EPS of $693.5mn/$0.32 beat our est. of $681mn/$0.24 and Street est. of... More

Pure Storage (PSTG) PT Raised to $75 at JPMorgan

May 30, 2024 5:22 AM EDT

JPMorgan analyst Pinjalim Bora raised the price target on Pure Storage (NYSE: PSTG) to $75.00 (from $50.00) while maintaining a Overweight rating.

The analyst comments "Pure Storage delivered a good start to the year with Q1 results landing above expectations across the P&L, while the quarter leaned a little bit more on CapEx-related deals vs. subscription. The company called out strength in the enterprise and international market... More

Pure Storage (PSTG) PT Raised to $75 at Evercore ISI

May 30, 2024 5:14 AM EDT

Evercore ISI analyst Amit Daryanani raised the price target on Pure Storage (NYSE: PSTG) to $75.00 (from $65.00) while maintaining a Outperform rating.

The analyst comments "PSTG reported a strong April-qtr with rev/EPS of $694M/0.32 vs. street at $680M/$0.21 with the 17% y/y revenue growth driven... More