Deutsche Bank analyst Sherri Scribner raised her price target for Pure Storage to $34 citing expectations for better sales growth through year-end. The analyst remains positive on the shares heading into the company's presentation at her firm's conference next week. The hardware market has been in the midst of an on-premise spending revival, which has driven a resurgence in server and storage spending over the past few quarters, Scribner tells investors in a research note. She sees see additional sales upside for Pure Storage over the next few quarters and keeps a Buy rating on the name.