Wedbush Sticks to Their Buy Rating for Pure Storage (PSTG)
Wedbush analyst reiterated a Buy rating on Pure Storage today and set a price target of $100.00.
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In addition to Wedbush, Pure Storage also received a Buy from Evercore ISI’s Amit Daryanani in a report issued on February 19. However, yesterday, Bank of America Securities reiterated a Hold rating on Pure Storage (NYSE: PSTG).
Based on Pure Storage’s latest earnings release for the quarter ending November 2, the company reported a quarterly revenue of $964.45 million and a net profit of $54.81 million. In comparison, last year the company earned a revenue of $831.07 million and had a net profit of $63.64 million
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PSTG in relation to earlier this year. Most recently, in December 2025, Ajay Singh, the CPO of PSTG sold 14,216.00 shares for a total of $968,467.86.
Read More on PSTG:
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- PSTG Earnings this Week: How Will it Perform?
- Moderating Upside Amid Margin Pressures and Elevated Investment Needs Support Hold on Pure Storage
- Pure Storage price target lowered to $90 from $105 at Evercore ISI
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