KeyBanc raised the firm’s price target on Pure Storage to $51 from $47 and keeps an Overweight rating on the shares. Pure Storage is outperforming major indices primarily due to unique company drivers, and the name has an indirect play on the driving theme in AI, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PSTG: