UBS reiterates Sell rating on Pure Storage stock, citing modest cloud revenue potential
NegativeFinancial Markets

UBS has reaffirmed its 'Sell' rating on Pure Storage stock, highlighting concerns over the company's modest potential for cloud revenue growth. This is significant as it reflects the cautious outlook from a major financial institution, which could influence investor sentiment and stock performance in the tech sector.
— Curated by the World Pulse Now AI Editorial System