Oppenheimer Signals Buy on 2 Data Storage Stocks — Here's Why They're Bullish [Yahoo! Finance]
Pure Storage, Inc. Class A (PSTG)
Last pure storage, inc. class a earnings: 2/27 04:02 pm
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Source: Yahoo! Finance
One key factor that we can't ignore is the continuing boom in artificial intelligence. Advances in AI technology have boosted the tech sector generally – but those gains have been especially strong in AI-related stock segments such as semiconductor chips, data center services, and data storage. The last in particular deserves a closer look. Data is a main beneficiary of AI technology – AI requires enormous amounts of data storage to support even basic machine learning applications, and data center and server stack providers have been seeing a surge as AI has expanded. And this is opening up opportunities for tech-minded investors. Covering the data sector for Oppenheimer, analyst Param Singh is flashing ‘Buy' signals on two specific data storage stocks. We've used the TipRanks database to find out what the rest of the Street has to say about his picks. Let's take a closer look. Pure Storage PSTG First on the list is Pure Storage, a company which, as its name suggests, is a s
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PSTG
News
- Why Pure Storage (PSTG) Outpaced the Stock Market Today [Yahoo! Finance]Yahoo! Finance
- Pure Storage, Inc. (NYSE: PSTG) had its price target lowered by analysts at Citigroup Inc. from $67.00 to $63.00. They now have a "buy" rating on the stock.MarketBeat
- Pure Storage Introduces New GenAI Pod to Accelerate AI Innovation [Yahoo! Finance]Yahoo! Finance
- Pure Storage Introduces New GenAI Pod to Accelerate AI InnovationPR Newswire
- Why Pure Storage (PSTG) Could Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
PSTG
Earnings
- 8/28/24 - Beat
PSTG
Sec Filings
- 11/21/24 - Form 4
- 11/8/24 - Form SC
- 11/6/24 - Form 4
- PSTG's page on the SEC website