Lake Street Maintains Buy Rating for Pure Storage with Increased Price Target to $92.00

Lake Street analyst Eric Martinuzzi has reaffirmed a Buy rating on Pure Storage (PSTG) with a raised price target to $92.00, marking a 15% increase from the previous target of $80.00. The move reflects growing optimism towards the company's potential growth in the stock market. Analysts have shown increasing positivity towards PSTG with several adjustments to ratings and price targets in recent months. The average target price for PSTG is $93.06, indicating a 32.75% upside from the current price of $70.10.