$PSTG Pure Storage set to fill the gap
Entry level $17.00 | Price Target $20.00
Stop loss $16.30
Average analysts price target $21.20 | Buy rating
Upgrade details
Goldman's Rod Hall is buying the bounce in Pure Storage (NYSE:PSTG), upgrading to Buy from Neutral. His $21 price target suggests 28% upside from last night's close.
Pure Storage had a rough spring/summer, bottoming at around $13.50 in mid-August. Seeking Alpha.
Company profile
Pure Storage, Inc. engages in the provision of flash-based storage solutions. Its technology replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory. The company was founded by John Hayes and John Colgrove in October 2009 and is headquartered in Mountain View, CA.
Stop loss $16.30
Average analysts price target $21.20 | Buy rating
Upgrade details
Goldman's Rod Hall is buying the bounce in Pure Storage (NYSE:PSTG), upgrading to Buy from Neutral. His $21 price target suggests 28% upside from last night's close.
Pure Storage had a rough spring/summer, bottoming at around $13.50 in mid-August. Seeking Alpha.
Company profile
Pure Storage, Inc. engages in the provision of flash-based storage solutions. Its technology replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory. The company was founded by John Hayes and John Colgrove in October 2009 and is headquartered in Mountain View, CA.
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