Wells Fargo Maintains Equal-Weight on Nutanix, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on Nutanix (NASDAQ:NTNX) and raises the price target from $32 to $35.

May 26, 2023 | 11:18 am
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NEUTRAL IMPACT
Wells Fargo maintains an Equal-Weight rating on Nutanix and raises the price target from $32 to $35.
The news of Wells Fargo maintaining an Equal-Weight rating on Nutanix and raising the price target from $32 to $35 indicates that the analyst sees potential in the stock but does not expect significant short-term price movement. This may not have a strong impact on the stock price in the short term, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100