CORRECTION: Piper Sandler Maintains Overweight on Nutanix, Raises Price Target to $50 - Price Target Updated
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 $50.
November 30, 2023 | 6:14 pm
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POSITIVE IMPACT
Piper Sandler's analyst has reaffirmed an Overweight rating on Nutanix and raised the price target to $50, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a strong confidence in Nutanix's future performance, which could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100