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Pure Storage price target raised to $80 from $75 at Wells Fargo
The Fly

Pure Storage price target raised to $80 from $75 at Wells Fargo

Wells Fargo raised the firm’s price target on Pure Storage (PSTG) to $80 from $75 and keeps an Overweight rating on the shares. The firm notes shares traded significantly higher following the announcement that it has secured a design win at a top-4 hyperscaler, reinforcing the firm’s thesis on Pure Storage’s architectural differentiation.

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