B of A Securities Maintains Neutral on Nutanix, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan maintains a Neutral rating on Nutanix (NASDAQ:NTNX) and raises the price target from $31 to $34.

May 25, 2023 | 1:37 pm
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NEUTRAL IMPACT
B of A Securities maintains a Neutral rating on Nutanix and raises the price target from $31 to $34.
The news of B of A Securities maintaining a Neutral rating on Nutanix and raising the price target from $31 to $34 indicates that the analyst sees potential in the stock but is not overly bullish. This may not have a significant short-term impact on the stock price, as the rating remains unchanged. However, the increased price target may provide a slight positive sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100