Keybanc Maintains Overweight on Nutanix, Lowers Price Target to $35
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Michael Turits has maintained an Overweight rating on Nutanix (NASDAQ:NTNX), but lowered the price target from $38 to $35.
August 11, 2023 | 8:48 am
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Nutanix's price target has been lowered from $38 to $35 by Keybanc, although the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in Nutanix's stock price in the short term. However, the maintained Overweight rating suggests that the stock is still expected to outperform the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100