PSTG - Pure Storage Has A 'Durable Competitive Advantage' This Bullish Analyst Says | Benzinga
Several Pure Storage Inc (NYSE: PSTG) analysts last week bumper their forecasts on upbeat fourth-quarter results.
The Purity operating system, which offers customers a consistent user experience by using a single software layer across the portfolio, provides the company a "durable competitive advantage,” according to Needham's Mike Cikos.
The Pure Storage Analyst: Cikos initiated coverage of Pure Storage with a Buy rating and price target of $66.
The Pure Storage Thesis: The Purity operating system allows the company to reduce the load placed on its ...