Evercore ISI analyst Amit Daryanani raised the firm’s price target on Pure Storage to $44 from $42 and keeps an Outperform rating on the shares after Pure reported what the firm calls “another robust quarter.” Pure is “uniquely positioned to show revenues accelerate,” not just in the second half but also in FY24, and see operating margins continue to expand into next year, the analyst tells investors in a post-earnings note.
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