Citigroup reiterated coverage on Pure Storage with a new price target
$PSTG
Electronic Components
Technology
Citigroup reiterated coverage of Pure Storage with a rating of Buy and set a new price target of $75.00 from $63.00 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 |
New Pure Storage FlashArray and FlashBlade offerings support the most massive demands for increasingly intensive workloads LAS VEGAS, June 18, 2025 /PRNewswire/ -- Pure//Accelerate -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced an expansion of its next-generation storage products designed for the most demanding, high-performance workloads. "In an era where data is king and IT complexity remains a major hurdle to accessing and using data for optimal business value, Pure Storage is once a
New Pure Storage platform innovations help customers solve data management challenges today and in the future LAS VEGAS, June 18, 2025 /PRNewswire/ -- Pure//Accelerate – Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today introduced the Enterprise Data Cloud (EDC), a bold new standard in data and storage management simplicity that enables organizations to focus on business outcomes, not infrastructure. Fueled by AI, data volumes are rising and business demands are evolving faster than ever. Traditional
Q1 total revenue growth of 12% year-over-year Storage as a Service offerings TCV sales growth of 70% SANTA CLARA, Calif., May 28, 2025 /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 first quarter fiscal year 2026 ended May 4, 2025. "Pure continues to demonstrate the superiority of our technology and strategy through our steady growth and the expansion of our products and services," said Pure Storage CEO and Chairman, Charles Giancarlo. "Pure's pla