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$PSTG Upgrade for Pure storage.

Long
NYSE:PSTG   Pure Storage, Inc.
Pure Storage rating change at Raymond James Pure Storage upgraded to Outperform from Market Perform at Raymond James. Raymond James analyst Simon Leopold upgraded Pure Storage to Outperform from Market Perform with a $22 price target. Source thefly.com
Indicators bullish and signals are positive.
Market sentiment has changed, rotation back into tech.
Buy side volume impressive.
Average analysts price target $21.10 | BUY
Short interest 9.95% (high)
Company profile
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.

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