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Pure Storage price target raised to $90 from $85 at Evercore ISI

Evercore ISI raised the firm’s price target on Pure Storage (PSTG) to $90 from $85 and keeps an Outperform rating on the shares after the company hosted its Pure Accelerate event, including a meeting with investors and analysts. Pure reinforced its Enterprise Data Cloud vision, while outlining its expanding role across enterprise and hyperscale customers and AI-driven data workloads, the analyst tells investors.

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