Susquehanna lowered the firm’s price target on Pure Storage (PSTG) to $85 from $100 and keeps a Neutral rating on the shares. The firm said they posted abetter than feared print and guidance as results exceeded expectations.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PSTG:
- Pure Storage price target lowered to $90 from $92 at Lake Street
- Pure Storage price target raised to $63 from $60 at UBS
- Pure Storage price target raised to $84 from $83 at Morgan Stanley
- Pure Storage price target lowered to $90 from $100 at Wells Fargo
- Everpure: Solid Execution and Upbeat Outlook Offset by Industry Headwinds and Dilutive Acquisition, Justifying Hold Rating
