Pure Storage (PSTG): Assessing Valuation After Strong Monthly Share Price Gains
Pure Storage (PSTG) is catching investors’ eyes after its stock jumped nearly 3% in the latest session. This move caps off a strong month for the company, with shares gaining roughly 14%.
See our latest analysis for Pure Storage.
Pure Storage’s upbeat momentum has been building for a while, not just in the past month. With a 1-year total shareholder return of nearly 77% and notable share price gains since the start of the year, the company appears to be benefiting from growing optimism around its growth story and a shift in sentiment in the tech sector.
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With shares surpassing analyst targets and strong returns over…
