B of A Securities Upgrades Nutanix to Buy, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan has upgraded Nutanix (NASDAQ:NTNX) from Neutral to Buy and raised the price target from $39 to $50.
September 21, 2023 | 12:02 pm
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POSITIVE IMPACT
Nutanix has been upgraded from Neutral to Buy by B of A Securities, with a raised price target from $39 to $50.
The upgrade from Neutral to Buy indicates a positive outlook for Nutanix by B of A Securities. The raised price target from $39 to $50 suggests an expected increase in the stock's value. This could potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100