Citi raised the firm’s price target on Pure Storage (PSTG) to $75 from $63 and keeps a Buy rating on the shares post the Q3 report. The shares up 20% as results beat expectations and managemewbt announced top-four hyperscaler design win, the analyst tells investors in a research note. The firm says Pure Storage’s accelerated investments next year to will drive meaningful contribution in 2026.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PSTG: