Stifel reiterated coverage on Pure Storage with a new price target
$PSTG
Electronic Components
Technology
Stifel reiterated coverage of Pure Storage with a rating of Hold and set a new price target of $65.00 from $60.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/4/2024 | $56.00 → $61.00 | Equal Weight | Barclays |
| 12/4/2024 | $75.00 → $80.00 | Overweight | Wells Fargo |
| 12/4/2024 | $63.00 → $75.00 | Buy | Citigroup |
| 12/4/2024 | $60.00 → $75.00 | Overweight | Analyst |
| 12/4/2024 | $62.00 → $75.00 | Buy | Needham |
| 12/4/2024 | $60.00 → $65.00 | Hold | Stifel |
| 12/4/2024 | $70.00 → $75.00 | Outperform | Evercore ISI |
| 12/4/2024 | $70.00 → $80.00 | Buy | TD Cowen |
4 - Pure Storage, Inc. (0001474432) (Issuer)
4 - Pure Storage, Inc. (0001474432) (Issuer)
4 - Pure Storage, Inc. (0001474432) (Issuer)
Awarded industry-first design win from a top-four hyperscaler SANTA CLARA, Calif., Dec. 3, 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 third quarter fiscal year 2025 ended November 3, 2024. "Pure Storage has achieved another industry first in our journey of data storage innovation with a transformational design win for our DirectFlash technology in a top-four hyperscaler," said Pure Storage Chairman and CEO Charles Giancarlo. "This win is
SANTA CLARA, Calif., Nov. 12, 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 Tuesday, December 3 at 2:00 p.m. PT to discuss its financial results for the third quarter fiscal year 2025 ended November 3, 2024. This conference call will be held following the release of Pure Storage's financial results. Third Quarter Fiscal 2025 Conference Call DetailsA live audio broadcast of the conference call will be available at the Pure Storage Inve
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
Barclays reiterated coverage of Pure Storage with a rating of Equal Weight and set a new price target of $61.00 from $56.00 previously
Wells Fargo reiterated coverage of Pure Storage with a rating of Overweight and set a new price target of $80.00 from $75.00 previously
Citigroup reiterated coverage of Pure Storage with a rating of Buy and set a new price target of $75.00 from $63.00 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)
8-K - Pure Storage, Inc. (0001474432) (Filer)
10-Q - Pure Storage, Inc. (0001474432) (Filer)
8-K - Pure Storage, Inc. (0001474432) (Filer)
SANTA CLARA, Calif., Dec. 3, 2024 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced a collaboration with Kioxia Corporation ("Kioxia"), a world leader in memory solutions, to develop cutting-edge technology that addresses the growing demand for high-performance, scalable storage infrastructure among today's hyperscale environments. Industry Significance: Traditional storage solutions, particularly those relying on hard disk drives (HDDs), struggle to meet the demands of hypers
Awarded industry-first design win from a top-four hyperscaler SANTA CLARA, Calif., Dec. 3, 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 third quarter fiscal year 2025 ended November 3, 2024. "Pure Storage has achieved another industry first in our journey of data storage innovation with a transformational design win for our DirectFlash technology in a top-four hyperscaler," said Pure Storage Chairman and CEO Charles Giancarlo. "This win is
Company also announces certification of FlashBlade//S500 with NVIDIA DGX SuperPOD for the most demanding AI data center requirements SANTA CLARA, Calif., Nov. 18, 2024 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the expansion of its AI solutions with the new Pure Storage GenAI Pod, a full-stack solution providing turnkey designs built on the Pure Storage platform. Organizations can use the Pure Storage GenAI Pod to accelerate AI-powered innovation and reduce the time, cost, and specialty technical skills required to deploy generative AI (GenAI) projects. As part of today's news, Pure S
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