NYSEARCA:IDAT - NYSE Arca - US46435U1271 - ETF - Currency: USD
Pure Storage shares rise due to expansion of AI solutions with GenAI Pod, a full-stack, turnkey solution that reduces deployment time and complexity. FlashBlade//S500 also certified with NVIDIA DGX SuperPOD, offering validated designs for turnkey use cases.
Oppenheimer analyst initiates coverage on Pure Storage with Outperform rating and $70 price target, citing potential growth in demand for unstructured data and the company's strong position in the data storage market.
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