Piper Sandler Maintains Overweight on Nutanix, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst James Fish has maintained an Overweight rating on Nutanix (NASDAQ:NTNX) and increased the price target from $42 to $60.
November 30, 2023 | 6:07 pm
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Piper Sandler's analyst James Fish reaffirmed an Overweight rating on Nutanix and raised the price target from $42 to $60, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a strong conviction in Nutanix's future performance, which is likely to be viewed positively by investors. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100