Needham Maintains Buy on Nutanix, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos maintains a 'Buy' rating on Nutanix (NASDAQ:NTNX) and raises the price target from $33 to $44.
September 01, 2023 | 9:45 am
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POSITIVE IMPACT
Needham analyst Mike Cikos maintains a 'Buy' rating on Nutanix and raises the price target from $33 to $44, which could positively impact the stock's price.
The raised price target by Needham analyst indicates a positive outlook for Nutanix. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100