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

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Pure Storage (PSTG) PT Lowered to $56 at Piper Sandler

August 29, 2024 5:49 AM EDT

Piper Sandler analyst James Fish lowered the price target on Pure Storage (NYSE: PSTG) to $56.00 (from $60.00) while maintaining a Neutral rating.

The analyst comments "Shares are down ~15% following only a slight FQ2 beat, FY25 guide reiteration (that implies F2H being lowered... More