Guggenheim reiterated coverage on Pure Storage with a new price target
$PSTG
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Technology
Guggenheim reiterated coverage of Pure Storage with a rating of Buy and set a new price target of $93.00 from $72.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/17/2024 | $72.00 → $93.00 | Buy | Guggenheim |
| 8/29/2024 | $80.00 → $62.00 | Buy | Needham |
| 8/29/2024 | $80.00 → $70.00 | Buy | TD Cowen |
| 8/19/2024 | $60.00 | Neutral | Piper Sandler |
| 7/2/2024 | $44.00 → $47.00 | Neutral → Sell | UBS |
| 6/12/2024 | $60.00 | Overweight → Equal-Weight | Morgan Stanley |
| 5/30/2024 | $58.00 → $68.00 | Outperform → Market Perform | Northland Capital |
| 5/30/2024 | $60.00 → $80.00 | Buy | TD Cowen |
10-Q - Pure Storage, Inc. (0001474432) (Filer)
8-K - Pure Storage, Inc. (0001474432) (Filer)
8-K - Pure Storage, Inc. (0001474432) (Filer)
4 - Pure Storage, Inc. (0001474432) (Issuer)
4 - Pure Storage, Inc. (0001474432) (Issuer)
4 - Pure Storage, Inc. (0001474432) (Issuer)
Unveiling the first fully-managed block Storage-as-a-Service (STaaS) offering for Azure VMware Solution, Pure Storage platform reduces complexity of cloud VMware migration for global customers SANTA CLARA, Calif., Nov. 4, 2024 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced Pure Storage Cloud for Microsoft Azure VMware Solution (AVS), a new fully managed block storage-as-a-service (STaaS) offering available for AVS. This new solution, soon to be in preview, will be offered as an Azure Native integration.
Pure Storage Platform central to AI projects, and supports 10x faster content production and delivery SANTA CLARA, Calif., Oct. 29, 2024 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, has announced the modernization of the IT infrastructure of AC Milan, one of the world's leading and most historic football clubs. Customer Challenge:AC Milan, a giant in world football with a global fanbase, recognized the potential of technology to help the club achieve two strategic goals – delivering th
SANTA CLARA, Calif., Oct. 11, 2024 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it has been positioned by Gartner® as a Leader in the Magic Quadrant™ for File and Object Storage Platforms for both its Completeness of Vision and Ability to Execute, in the rapidly growing storage market for unstructured data. Industry Significance: The proliferation of technologies and emerging trends like AI, analytics, and the Internet of Things has driven a surge in file and object data.
Guggenheim reiterated coverage of Pure Storage with a rating of Buy and set a new price target of $93.00 from $72.00 previously
TD Cowen reiterated coverage of Pure Storage with a rating of Buy and set a new price target of $70.00 from $80.00 previously
Needham reiterated coverage of Pure Storage with a rating of Buy and set a new price target of $62.00 from $80.00 previously
SC 13G/A - Pure Storage, Inc. (0001474432) (Subject)
SC 13G/A - Pure Storage, Inc. (0001474432) (Subject)
SC 13G/A - Pure Storage, Inc. (0001474432) (Subject)
In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Pure Storage (NYSE:PSTG) and its primary competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to provide valuable insights for investors and shed light on company's performance within the industry. Pure Storage Background Pure Storage Inc is a U.S.-based company that provides an enterprise data storage platform that transforms business through a dramat
Pure Storage (NYSE:PSTG) has outperformed the market over the past 5 years by 17.89% on an annualized basis producing an average annual return of 30.8%. Currently, Pure Storage has a market capitalization of $19.47 billion. Buying $100 In PSTG: If an investor had bought $100 of PSTG stock 5 years ago, it would be worth $383.38 today based on a price of $59.85 for PSTG at the time of writing. Pure Storage's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine a
Q2 total revenue growth of 11% year-over-yearSubscription services ARR growing 24% year-over-year SANTA CLARA, Calif., Aug. 28, 2024 /PRNewswire/ -- Today Pure Storage (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its second quarter fiscal year 2025 ended August 4, 2024. "In a world where energy demands are soaring, the power savings of Pure Storage alone make the move from hard disks to Pure technology a smart choice for both hyperscaler and enterprise data centers," said Pure Storag
SANTA CLARA, Calif., Aug. 7, 2024 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it will host a conference call on Wednesday, August 28 at 2:00 p.m. PT to discuss its financial results for the second quarter fiscal year 2025 ended August 4, 2024. This conference call will be held following the release of Pure Storage's financial results. Second Quarter Fiscal 2025 Conference Call Details A live audio broadcast of the conference call will be available at the Pure Storage Inv
Q1 total revenue growth of 18%, year-over-year Subscription services ARR over $1.4 billion SANTA CLARA, Calif., May 29, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its first quarter fiscal year 2025 ended May 5, 2024. "Pure Storage is uniquely positioned to integrate fragmented data storage environments, which hinders enterprises from easily deploying artificial intelligence, hybrid cloud, and modern application deployment," said Charles Gian
NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Pure Storage Inc. (NYSE:PSTG) will replace Patterson Companies Inc. (NASD:PDCO) in the S&P MidCap 400, and Patterson Companies will replace Chico's FAS Inc. (NYSE:CHS) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, January 5. Sycamore Partners is acquiring Chico's FAS in a transaction expected to be completed on or about that date pending final conditions. Patterson Companies has a market capitalization that is more representative of the small-cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index N
B2B Veteran Brings Decades of Experience Driving Growth and Innovation Across Hybrid Cloud and Software Markets SANTA CLARA, Calif., Dec. 5, 2023 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the appointment of Lynn Lucas as its Chief Marketing Officer (CMO). She will report directly to Pure Storage Chief Operating Officer Matt Burr. Lucas comes to Pure Storage as an award-winning and results-driven marketeer who has led marketing organizations for both high growth SaaS c
SAN MATEO, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ:FRSH) today announced the appointment of Johanna Jackman as the company's new Chief People Officer (CPO). Johanna joins the executive team and reports to Freshwork's Chief Executive Officer Girish Mathrubootham and President Dennis Woodside. Jackman will be responsible for the company's global human resources strategy and operations, which oversees HR business partnerships, talent acquisition and employee development, facilities, compensation and benefits, corporate social responsibility programs, and diversity, equity and inclusion strategy. A global executive who focuses on driving business impact, Jackman has