Triton Score Revised LOWER

Triton Research revised our Pure Storage Company Score lower to reflect Pure Storage’s amended registration with the SEC yesterday.  Pure Storage plans to sell 25m shares and sees an offering price of $16 – $18 per share.  Pure Storage will list on the NYSE under the symbol “PSTG.”

Triton Research published a comprehensive Dossier on Pure Storage on September 1, 2015.  The Dossier includes a Triton Company Score, fundamental model, business model analysis, product analysis, bull vs. bear case scenarios, comparative analyses, management and director biographies, a historical valuation assessment, questions for management, and more.