Wells Fargo Maintains Equal-Weight on Nutanix, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Equal-Weight rating on Nutanix (NASDAQ:NTNX) and increased the price target from $35 to $42.
November 30, 2023 | 2:21 pm
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Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on Nutanix but raises the price target from $35 to $42, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Aaron Rakers suggests a positive reassessment of Nutanix's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 75
RELEVANCE 100