Morgan Stanley Maintains Equal-Weight on Nutanix, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Meta Marshall has maintained an Equal-Weight rating on Nutanix (NASDAQ:NTNX) and increased the price target from $38 to $50.
November 30, 2023 | 3:31 pm
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POSITIVE IMPACT
Morgan Stanley has raised the price target for Nutanix from $38 to $50 while maintaining an Equal-Weight rating.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on Nutanix's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100