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Pure Storage price target lowered to $75 from $80 at Susquehanna

Susquehanna lowered the firm’s price target on Pure Storage (PSTG) to $75 from $80 and keeps a Positive rating on the shares. The firm updated estimates following its Q4FY25 report. All in all, the company remains on track to benefit from product portfolio diversification while the migration to a subscription revenue model helps with some sustainability of revenue streams.

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