Pure Storage Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Pure Storage (NYSE:PSTG)

Core Insights - Pure Storage, Inc. is set to release its third-quarter earnings results on December 2, with analysts expecting earnings of 58 cents per share, an increase from 50 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $956.48 million, up from $831.07 million a year earlier [1] Company Developments - On November 4, Pure Storage appointed Patrick Finn as the chief revenue officer [2] - The company's shares experienced a slight decline of 0.5%, closing at $88.55 [2] Analyst Ratings - Morgan Stanley analyst Erik Woodring maintained an Equal-Weight rating and raised the price target from $72 to $90 [4] - Citigroup analyst Asiya Merchant maintained a Buy rating and increased the price target from $81 to $110 [4] - Evercore ISI Group analyst Amit Daryanani maintained an Outperform rating and raised the price target from $90 to $105 [4] - Raymond James analyst Simon Leopold maintained an Outperform rating and increased the price target from $88 to $99 [4] - Wells Fargo analyst Aaron Rakers maintained an Overweight rating and raised the price target from $80 to $100 [4]