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Pure Storage, Inc. (PSTG) Touches $21.13 High on Feb, 14; 5 Analysts Bullish BT Group plc (BT)

Among 16 analysts covering BT Group plc (NYSE:BT), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 31% are positive. BT Group plc had 32 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of BT Group plc (NYSE:BT) has “Overweight” rating given on Tuesday, January 12 by JP Morgan. The rating was maintained by Credit Suisse with “Neutral” on Monday, April 24. JP Morgan downgraded BT Group plc (NYSE:BT) on Thursday, September 1 to “Neutral” rating. The stock of BT Group plc (NYSE:BT) earned “Hold” rating by Jefferies on Monday, April 24. As per Friday, October 7, the company rating was downgraded by Macquarie Research. The firm has “Buy” rating given on Tuesday, January 2 by Bank of America. The stock of BT Group plc (NYSE:BT) earned “Underperform” rating by Macquarie Research on Wednesday, July 22. The firm has “Hold” rating by Citigroup given on Monday, October 9. Berenberg downgraded the shares of BT in report on Wednesday, January 25 to “Hold” rating. The firm earned “Overweight” rating on Monday, May 15 by Barclays Capital. See BT Group plc (NYSE:BT) latest ratings:

02/01/2018 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade
09/10/2017 Broker: Citigroup Rating: Hold Downgrade

The stock of Pure Storage, Inc. (NYSE:PSTG) reached all time high today, Feb, 14 and still has $21.76 target or 3.00% above today’s $21.13 share price. This indicates more upside for the $4.58B company. This technical setup was reported by Barchart.com. If the $21.76 PT is reached, the company will be worth $137.43M more. The stock increased 3.58% or $0.73 during the last trading session, reaching $21.13. About 1.04M shares traded. Pure Storage, Inc. (NYSE:PSTG) has declined 30.05% since February 14, 2017 and is downtrending. It has underperformed by 46.75% the S&P500.

Analysts await Pure Storage, Inc. (NYSE:PSTG) to report earnings on March, 7. They expect $-0.14 earnings per share, up 33.33% or $0.07 from last year’s $-0.21 per share. After $-0.20 actual earnings per share reported by Pure Storage, Inc. for the previous quarter, Wall Street now forecasts -30.00% EPS growth.

Among 25 analysts covering Pure Storage (NYSE:PSTG), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. Pure Storage had 40 analyst reports since October 8, 2015 according to SRatingsIntel. The stock of Pure Storage, Inc. (NYSE:PSTG) earned “Outperform” rating by Wells Fargo on Friday, May 26. Robert W. Baird maintained the stock with “Hold” rating in Friday, May 26 report. The rating was initiated by Robert W. Baird with “Neutral” on Wednesday, June 29. Maxim Group maintained Pure Storage, Inc. (NYSE:PSTG) rating on Friday, May 26. Maxim Group has “Buy” rating and $20 target. The company was initiated on Monday, November 2 by Pacific Crest. The rating was reinitiated by Wells Fargo on Wednesday, November 15 with “Outperform”. The stock has “Outperform” rating by Macquarie Research on Wednesday, June 29. The firm has “Hold” rating given on Tuesday, December 29 by Summit Research. The stock has “Buy” rating by Evercore on Monday, November 2. The rating was initiated by Goldman Sachs with “Neutral” on Monday, November 2.

Pure Storage, Inc. engages in building a data platform that enables businesses to enhance performance and reduce complexity and costs worldwide. The company has market cap of $4.58 billion. The firm delivers its data platform through Purity Operating Environment, an optimized software for solid-state memory that offers enterprise-class storage and protocol services; FlashArray and FlashBlade optimized hardware products for solid-state memory to enhance the performance and density of flash, optimize its advanced software services, and reduce solution cost for customers; Pure1, a cloud management and support software; and FlashStack, a converged infrastructure solution. It currently has negative earnings. The Company’s data platform is used for a range of storage use cases, including database applications, large-scale analytics, private and public cloud infrastructure, Webscale applications, virtual server infrastructure, and virtual desktop infrastructure; and helps clients scale their businesses through real-time and accurate analytics, increase employee productivity, improve operational efficiency, and deliver compelling user experiences to their clients and partners.

The stock decreased 0.81% or $0.13 during the last trading session, reaching $15.92. About 408,128 shares traded. BT Group plc (NYSE:BT) has declined 35.92% since February 14, 2017 and is downtrending. It has underperformed by 52.62% the S&P500.

BT Group plc provides communications services worldwide. The company has market cap of $29.03 billion. The Company’s Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers and the online BT Shop, as well as through Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. It has a 13.27 P/E ratio. The companyÂ’s EE segment offers 2G, 3G, and 4G mobile network services; and broadband, fixed-voice, and TV services, as well as postpaid and prepaid plans, and emergency services network.

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