Barclays Maintains Overweight on Nutanix, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Overweight rating on Nutanix (NASDAQ:NTNX) and raises the price target from $34 to $38.
May 25, 2023 | 9:57 am
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Nutanix and raises the price target from $34 to $38.
The news of Barclays maintaining an Overweight rating on Nutanix and raising the price target from $34 to $38 is positive for the company. This indicates that the analyst believes the stock has potential for further growth and is likely to outperform the market. As a result, this news may lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100