Market Overview

Pure Storage Could Return Almost 20%: Vetr

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Shares of Pure Storage Inc (NYSE: PSTG) have lost 13.75 percent of their value over the past five trading sessions. The Vetr crowd seems to believe this has unlocked some room for upside, as evidenced by its average price target of $14.72, which implies a potential return of almost 20 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of Pure Storage on Monday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) – out of a possible 5 Stars rating.

It should be noted that, pretty much in accordance with the current score and price target, 88 percent of the crowd’s ratings are bullish.

Latest Ratings for PSTG

DateFirmActionFromTo
Feb 2019Raymond JamesDowngradesOutperformMarket Perform
Dec 2018Wolfe ResearchInitiates Coverage OnOutperform
Nov 2018Morgan StanleyMaintainsEqual-WeightEqual-Weight

View More Analyst Ratings for PSTG
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

 

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