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Fly News Breaks for June 5, 2018
PSTG
Jun 5, 2018 | 07:01 EDT
Stifel analyst Matthew Sheerin resumed coverage of Pure Storage with a Hold rating and $23 price target, stating that he expects significant leverage and cash-flow generation as volumes increase but also noting that the shares are trading at a "fair" valuation that is at the upper end of their historic average.
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