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Fly News Breaks for August 14, 2017
NTAP, PSTG
Aug 14, 2017 | 08:07 EDT
Maxim analyst Nehal Chokshi downgraded Pure Storage (PSTG) to Hold and cut his price target for the shares to $15 from $20. The analyst believes Flash Blade's "lack of depth of data management features" presents risk to meeting guidance of accelerating year-over-year growth. The analyst this morning also upgraded NetApp (NTAP) to Buy.
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