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Pure Storage, Inc. (NYSE:PSTG) shares are trading lower on Wednesday. Oppenheimer analyst Param Singh initiated coverage on the company with an Outperform rating and a price target of $70 .
Pure Storage's recent quarterly report arrived with plenty for investors to be excited about.
Despite today's pullback, Pure Storage stock is still up roughly 77% year to date. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
Pure Storage was founded in 2009 under the code name Os76 Inc. [2] by John Colgrove and John Hayes. [3] Initially, the company was setup within the offices of Sutter Hill Ventures, a venture capital firm, [2] and funded with $5 million in early investments. [4]
Strength in Pure Storage's (PSTG) subscription services' portfolio and incremental gains from the healthy uptake of FlashArray and FlashBlade solutions bodes well.
The stock of Pure Storage (NYSE:PSTG, 30-year Financials) appears to be modestly overvalued, according to GuruFocus Value calculation.
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Pure Storage, Inc. (NYSE:PSTG) shareholders should be happy to see the share price up 28% in the last month. But in...