After speaking with five key contacts in the Pure Storage ecosystem, JPMorgan analyst Pinjalim Bora says the company's partners were largely upbeat about the Q3 demand environment. Regarding the competitive environment, multiple partners opined that Pure Storage is winning market-share and mind-share, Bora tells investors in a research note. The analyst continues to view the stock's risk/return profile as "very attractive" and he keeps an Overweight rating on the name with a $28 price target.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here