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Vetr Inc. announced Pure Storage Inc (NYSE:PSTG), upping its stock price target to $13.00 earlier today

Having a price of $11.77, Pure Storage Inc (NYSE:PSTG) traded 0.51% lower on the day. With the last stock price down 7.27% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. The company has logged a 50-day average of $12.52 and 200-day moving average of $12.79. 2,283,406 shares of Pure Storage Inc exchanged hands, up from ann avg. volume of 1,449,040

In a statement issued on 8/22/2016 Vetr Inc. bumped up the target price of Pure Storage Inc (NYSE:PSTG) from $0 to $13 stating a possible upsideof 0.10%.

See Graphic Below:

Pure Storage Inc (NYSE:PSTG)

Also covering Pure Storage Inc’s price target, a total of 21 brokers have reported on the company. The 12-month target stock price is $16.93 with four firms rating the stock a strong buy, 10 firms rating the company a buy, seven analysts rating the stock a hold, one firm rating the stock to underperform, and lastly 0 brokerages rating the stock as sell.

Pure Storage Inc has a 52 week low of $9.62 and a one-year high of $20.60. The company’s market capitalization is presently $0.0.

General Company Details For Pure Storage Inc (NYSE:PSTG)

Pure Storage, Inc. provides an enterprise data storage platform. The Company’s storage platform consists of approximately three integrated components, including the Purity Operating Environment, which is its flash-optimized software; FlashArray, which is its modular and scalable all-flash array hardware, and Pure1, which is its cloud-based management and support. The Company’s customers include large and mid-size organizations across a diverse set of industry verticals, including cloud-based software and service providers, consumer Web, education, energy, financial services, governments, healthcare, manufacturing, media, retail and telecommunications. The Company’s platform is used for a set of storage use cases, including database applications, private and public cloud infrastructure, and virtual server infrastructure and virtual desktop infrastructure.

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