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Pure Storage price target raised to $92 from $78 at Piper Sandler

Piper Sandler analyst James Fish raised the firm’s price target on Pure Storage (PSTG) to $92 from $78 and keeps an Overweight rating on the shares following the company’s product event. Pure is seeing strong early interest with FlashBlade//EXA, continues to ramp with Meta, and is gaining share in the enterprise, the analyst tells investors in a research note.

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