KeyBanc raised the firm’s price target on Pure Storage to $51 from $47 and keeps an Overweight rating on the shares. Pure Storage is outperforming major indices primarily due to unique company drivers, and the name has an indirect play on the driving theme in AI, the analyst tells investors in a research note.
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Read More on PSTG:
- Pure Storage call volume above normal and directionally bullish
- Pure Storage price target raised to $47 from $43 at KeyBanc
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