Deutsche Bank analyst Sidney Ho lowered the firm’s price target on Pure Storage to $32 from $38 and keeps a Buy rating on the shares post the Q4 results. The analyst says the company is not immune to a challenging macro environment.
Published first on TheFly
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Read More on PSTG:
- Pure Storage price target lowered to $31 from $37 at TD Cowen
- Pure Storage price target lowered to $34 from $37 at Morgan Stanley
- Pure Storage price target lowered to $37 from $42 at Barclays
- Pure Storage sees FY24 revenue growth in mid- to high-single digits
- Pure Storage reports Q4 non-GAAP EPS 53c, consensus 39c
