Needham Reiterates Buy on Nutanix, Maintains $44 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has reiterated a 'Buy' rating on Nutanix (NASDAQ:NTNX) and maintained a price target of $44.
September 27, 2023 | 10:30 am
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Nutanix's stock rating has been reiterated as 'Buy' by Needham analyst Mike Cikos, with a maintained price target of $44.
The reiteration of a 'Buy' rating by a reputable analyst like Mike Cikos from Needham is a positive signal for Nutanix. The maintained price target of $44 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100