Steve Enders, analyst at KeyBanc, reiterates coverage on Pure Storage (PSTG) in the Technology sector with a Buy rating. TipRanks.com has Enders rated as a 4 star analyst with a 24% return on investment and a 68% success rate. Enders has set a price target of $30.00 .
TipRanks.com reports that PSTG currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $30.82 . The target pricing ranges from a high forecast of $36.00 down to a low forecast of $23.00 .
PSTG’s last closing price was $25.28 which would put the average price target at 21.91% upside.
In addition, TradingView issued a Buy rating for PSTG over the next month.
Remember, securities are volatile, so please do your own research on PSTG.
Other analysts covering PSTG include:
- Wamsi Mohan of Bank of America Securities issued a buy rate with the price target of $32 on September 28th
- Simon Leopold of Raymond James issued a buy rate with the price target of $35 on September 28th
- Mehdi Hosseini of Susquehanna issued a buy rate with the price target of $33 on September 28th
- Christopher O’Cull of Stifel Nicolaus issued a buy rate with the price target of $30 on September 28th
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