RBC Capital Maintains Outperform on Nutanix, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Nutanix (NASDAQ:NTNX) and raises the price target from $33 to $38.
May 25, 2023 | 12:27 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Nutanix and raises the price target from $33 to $38.
The news of RBC Capital maintaining an Outperform rating on Nutanix and raising the price target from $33 to $38 is positive for the stock. This indicates that the analyst believes the company's performance will continue to be strong and that the stock is likely to outperform the market. This could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100