Can Pure Storage Inc (PSTG) stock recover despite sales dropping?

In Thursday’s Wall Street session, Pure Storage Inc (NYSE:PSTG) shares traded at $48.92, down -6.28% from the previous session. PSTG stock price is now -24.10% away from the 50-day moving average and -17.09% away from the 200-day moving average. The market capitalization of the company currently stands at $15.96B. With the price target enhanced from […]

A secret that hides Pure Storage Inc’s strength (NYSE:PSTG)

In yesterday’s Wall Street session, Pure Storage Inc (NYSE:PSTG) shares traded at $49.87, down -0.56% from the previous session. PSTG stock price is now -2.79% away from the 50-day moving average and -8.51% away from the 200-day moving average. The market capitalization of the company currently stands at $16.34B. With the price target of $70, […]