JMP Securities Maintains Market Outperform Rating for Nutanix: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JMP Securities has maintained its Market Outperform rating for Nutanix (NASDAQ:NTNX) and raised its price target from $35.00 to $45.00. Nutanix shares are currently trading up 2.65% at $36.05 per share. A move to $45.00 would represent a 24.83% increase from the current share price.
September 27, 2023 | 5:00 pm
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JMP Securities has maintained its Market Outperform rating for Nutanix and raised its price target, which could potentially lead to an increase in the company's stock price.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, JMP Securities has maintained a positive rating for Nutanix and increased its price target, indicating a potential increase in the company's stock price.
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