Goldman's Rod Hall is buying the bounce in Pure Storage (NYSE:PSTG), upgrading to Buy from Neutral. His $21 price target suggests 28% upside from last night's close.
Pure Storage had a rough spring/summer, bottoming at around $13.50 in mid-August. It's since moved to above $16 as of last night.
Shares are up 5.5% premarket to $17.26.
Subscribe for full text news in your inbox