Barclays Maintains Equal-Weight on Everpure, Raises Price Target to $132
Barclays analyst Tim Long maintains Everpure (NYSE:P) with a Equal-Weight and raises the price target from $110 to $132.
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Evercore ISI Group Maintains Outperform on Everpure, Raises Price Target to $145
Evercore ISI Group analyst Amit Daryanani maintains Everpure (NYSE:P) with a Outperform and raises the price target from $130 to $145.
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Why Everpure Stock Popped Today
Everpure stock surged 11.15% after the data storage specialist issued optimistic profit forecasts at its annual analyst meeting. The company projects fiscal 2027 revenue growth of ~38% to $5.1B with adjusted operating income of ~$950M, and accelerating growth of 39-45% in fiscal 2028 reaching $7-7.3B in revenue. The company's data management platform, which helps customers prepare proprietary information for AI applications, is driving expansion among cloud providers and enterprise AI users.
Morgan Stanley Maintains Overweight on Everpure, Raises Price Target to $137
Morgan Stanley analyst Benjamin Swinburne maintains Everpure (NYSE:P) with a Overweight and raises the price target from $119 to $137.