Sidney Ho analyst at Deutsche Bank reiterates coverage on Pure Storage (PSTG) in the tech stock sector with a Buy rating. TipRanks.com has Ho rated as a 5 star analyst with a 64% return on investment and a 22.8% success rate. Ho has set a price target of $ 36.
TipRanks.com reports that Pure Storage stock currently has analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is . The target pricing ranges from a high forecast of down to a low forecast of . Pure Storage (PSTG) stock's last closing price was $34.28 which would put the average price target at 5.75% upside.
In addition, TradingView.com issued a Strong Buy rating for PSTG over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on PSTG's stock.
Other analysts covering PSTG stock include:
- Eric Martinuzzi of Lake Street issued a Buy rating with the price target of $ 34 on 22 hours ago
- Matthew Sheerin of Stifel Nicolaus issued a Buy rating with the price target of $ 35 on 22 hours ago
- Unknown Analyst of Morgan Stanley issued a Buy rating with the price target of $ 34 on 22 hours ago
- Thomas Blakey of KeyBanc issued a Buy rating with the price target of $ 40 on 22 hours ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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