Pure Storage stock falling as analysts lower price targets

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Pure Storage (PSTG) shares are diving Thursday after TD Cowen, Citi, and Piper Sandler analysts all lowered their price targets on the data storage company in response to its disappointing full-year outlook.

Josh Lipton and Madison Mills examine Pure Storage's stock movement as it is still up y over 40% year-to-date.

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This post was written by Luke Carberry Mogan.