BMO Raises Pure Storage Price Target

BMO Raises Pure Storage Price Target

BMO Capital said Friday it has raised Pure Storage’s price target to $16 from $15 on another solid quarter report, while reiterating an outperform rating. PSTG was up 7% recently According to the broker, the company’s reported sales of $225 million were above both its and the Street consensus estimates of $220 million and $218 million, respectively on growth of 38% y/y. The loss per share of $0.11 was better […]

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