KeyBanc analyst Alex Kurtz maintained a Buy rating on Pure Storage Inc (NYSE: PSTG) today and set a price target of $29. The company’s shares closed yesterday at $22.98.
Kurtz has an average return of 31.0% when recommending Pure Storage Inc.
According to TipRanks.com, Kurtz is ranked #358 out of 4825 analysts.
Pure Storage Inc has an analyst consensus of Moderate Buy, with a price target consensus of $24.92.
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The company has a one-year high of $25.62 and a one-year low of $11.99. Currently, Pure Storage Inc has an average volume of 3.91M.
Based on the recent corporate insider activity of 93 insiders, corporate insider sentiment is negative on the stock.
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Pure Storage, Inc. engages in the provision of flash-based storage solutions. Its technology replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory. The company was founded by John Hayes and John Colgrove in October 2009 and is headquartered in Mountain View, CA.
