Wedbush lowered the firm’s price target on Pure Storage (PSTG) to $70 from $75 and keeps an Outperform rating on the shares. The firm notes the company’s results and guidance disappointed. While revenues for Q4 were ahead of expectations and the Q1 and FY26 guide roughly paralleled consensus, margins disappointed meaningfully, Wedbush adds.
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Read More on PSTG:
- Pure Storage price target lowered to $69 from $72 at Morgan Stanley
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