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Fly News Breaks for June 6, 2019
PSTG
Jun 6, 2019 | 08:02 EDT
Evercore ISI transferred coverage of Pure Storage to Kirk Materne, who started shares an In Line rating and $18 price target, saying he thinks Pure Storage is well positioned as an all-flash storage vendor, with unique advantage in key product categories, but says "none of this may matter" in the event of an IT slowdown given limited profitability.
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