What 10 Analyst Ratings Have To Say About Nutanix
Portfolio Pulse from Benzinga Insights
In the last quarter, Nutanix (NASDAQ:NTNX) received 2 bullish, 7 somewhat bullish, and 1 indifferent analyst ratings. The average 12-month price target for Nutanix, according to 10 analysts, is $41.6, with a high of $50.00 and a low of $35.00. This average price target has increased by 14.51% over the past month.
September 21, 2023 | 1:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nutanix received mostly bullish analyst ratings in the last quarter, which could positively impact its stock price. The average 12-month price target has also increased.
Analyst ratings can significantly influence a stock's price. In Nutanix's case, the majority of the ratings are bullish, indicating a positive outlook for the stock. Additionally, the increase in the average 12-month price target suggests that analysts expect the stock price to rise, which could encourage investors to buy, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100