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PSTG

Pure Storage

$21.71

-0.32 (-1.45%)

09:01
10/12/18
10/12
09:01
10/12/18
09:01

Pure Storage awarded statewide IT contracts in North Carolina, New York

Pure Storage (NYSE: PSTG), the all-flash storage platform that helps innovators build a better world with data, announced today that it was awarded statewide IT contracts in North Carolina and New York, streamlining the process for agencies in these states to purchase and benefit from Pure Storage all-flash solutions. The new statewide umbrella contracts further extend Pure's presence in the state and local government market. These contracts expand Pure's existing contract portfolio, which includes Texas Department of Information Resources, California Multiple Award Schedules, Mississippi and NASPO ValuePoint with 24 Participating State Addenda. These direct contract vehicles, with named Authorized Resellers for fulfillment, coupled with the U.S. General Service Administration's Schedule 70, enables public sector organizations to simplify and accelerate the purchase of Pure solutions in more than 20 states and the District of Columbia. The State of North Carolina added Pure Storage to its 204X - IT Infrastructure Solutions contract, effective July 1, 2018. The contract vehicle is in effect through June 30, 2023 with five one-year renewal options. In addition, New York State has awarded Pure the NYS OGS contract. The agreement, effective April 23, 2018, runs through November 29, 2020.

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    Oct

PSTG Pure Storage
$21.71

-0.32 (-1.45%)

08/22/18
LSCM
08/22/18
NO CHANGE
Target $29
LSCM
Buy
Pure Storage price target raised to $29 from $24 at Lake Street
Lake Street analyst Eric Martinuzzi raised his price target for Pure Storage to $29 saying the company last night posted upside across the three most important income statement measures: revenue, gross margin, and operating margin. The analyst found the company's continued Fortune 500 penetration "especially compelling" and he reiterates a Buy rating on the shares.
09/06/18
DBAB
09/06/18
NO CHANGE
Target $34
DBAB
Buy
Pure Storage price target raised to $34 from $26 at Deutsche Bank
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.
10/05/18
BTIG
10/05/18
NO CHANGE
Target $28
BTIG
Buy
Pure Storage has 'strong set-up' for rest of the year, says BTIG
BTIG analyst Edward Parket kept his Buy rating and $28 price target on Pure Storage, saying it offers a "favorable set-up" for the remainder of 2018 on combination of "continued top-line momentum, new product introduction, strengthening technology leadership, structural gross margin expansion, impending profitability, and reasonable valuation". The analyst also points to the strong trajectory of the Non-Volatile Memory Express, or NVMe, technology, diversified product portfolio, and a high level of execution by the company's sales force, making its valuation revenue multiples justifiable.
10/10/18
WBLR
10/10/18
NO CHANGE
WBLR
Outperform
Pure Storage will steadily take share in $35B market, says William Blair
After hosting European investor meetings with CFO Tim Riitters, William Blair analyst Jason Ader has "increased confidence" in both Pure Storage's near-term business trends and longer-term growth prospects and competitive differentiation. Pure will steadily take share in its $35B storage total addressable market given the secular trend toward all-flash arrays and the company's leverage to "robust" spending areas, including SaaS data centers, Ader tells investors in a research note. The analyst keeps an Outperform rating on the shares.

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America Movil, also tag AMOV

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$15.03

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ABT

Abbott

$70.94

2.22 (3.23%)

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U.S. Bancorp

$50.97

0.44 (0.87%)

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ADTN

Adtran

$18.15

1.08 (6.33%)

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WAFD

Washington Federal

$29.75

0.45 (1.54%)

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UNH

UnitedHealth

$272.24

12.44 (4.79%)

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CDAY

Ceridian

$38.44

1.38 (3.72%)

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HMC

Honda

$27.70

0.65 (2.40%)

19:07
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Periodicals
Honda Aircraft sees higher light jet deliveries next year, Reuters says »

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  • 24

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VALE

Vale

$15.50

0.045 (0.29%)

18:59
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Periodicals
Vale plans to use cash flow cautiously going forward, Reuters says »

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VICR

Vicor Corporation

$38.35

1.42 (3.85%)

, NFLX

Netflix

$346.40

13.29 (3.99%)

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$38.35

1.42 (3.85%)

NFLX

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$346.40

13.29 (3.99%)

LRCX

Lam Research

$145.33

2.72 (1.91%)

AMAT

Applied Materials

$34.76

1.33 (3.98%)

UAL

United Continental

$83.51

2.17 (2.67%)

FULT

Fulton Financial

$16.39

0.29 (1.80%)

CSX

CSX

$72.15

1.29 (1.82%)

CREE

Cree

$37.56

2.53 (7.22%)

ROKU

Roku

$63.67

1.97 (3.19%)

IBM

IBM

$145.02

3.9 (2.76%)

UFPI

Universal Forest

$34.08

1.27 (3.87%)

SONC

Sonic

$43.27

-0.03 (-0.07%)

EIGR

Eiger BioPharmaceuticals

$10.88

0.63 (6.15%)

SBH

Sally Beauty

$18.91

0.42 (2.27%)

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NFLX

Netflix

$346.40

13.29 (3.99%)

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CBL

CBL & Associates

$3.52

0.085 (2.48%)

, SHLD

Sears

$0.40

0.09 (29.03%)

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CBL & Associates

$3.52

0.085 (2.48%)

SHLD

Sears

$0.40

0.09 (29.03%)

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  • 30

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VZ

Verizon

$53.68

0.08 (0.15%)

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  • 12

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BMO

Bank of Montreal

$80.19

0.93 (1.17%)

18:09
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Periodicals
Bank of Montreal names Wolford investment banking vice chair, Reuters says »

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  • 24

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SFTBF

SoftBank

$0.00

(0.00%)

18:02
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Periodicals
SoftBank COO says 'anxiously' looking at Saudi Arabia situation, Reuters says »

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  • 16

    Oct

IBM

IBM

$145.02

3.9 (2.76%)

18:01
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CELC

Celcuity

$26.90

0.4 (1.51%)

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Puma Biotechnology

$42.22

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DVN

Devon Energy

$37.08

0.98 (2.71%)

17:51
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VIA

Viacom

$36.07

1.11 (3.18%)

, VIAB

Viacom

$32.83

1.05 (3.30%)

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Periodicals
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VIA

Viacom

$36.07

1.11 (3.18%)

VIAB

Viacom

$32.83

1.05 (3.30%)

IQ

iQIYI

$25.91

-0.19 (-0.73%)

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  • 16

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BHP

BHP Billiton

$48.48

0.38 (0.79%)

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UBER

Uber

$0.00

(0.00%)

17:37
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Uber increases junk-bond offering to $2B, Bloomberg says »

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IBM

IBM

$145.02

3.9 (2.76%)

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IBM says growth was led by hybrid cloud, analytics and AI, digital and security »

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NDAQ

Nasdaq

$81.93

1.91 (2.39%)

, ICE

IntercontinentalExchange

$74.95

2.18 (3.00%)

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Hot Stocks
SEC confirms ruling that Nasdaq, NYSE didn't justify rate increases »

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Nasdaq

$81.93

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ICE

IntercontinentalExchange

$74.95

2.18 (3.00%)

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