JMP Securities Maintains Market Outperform on Nutanix, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Erik Suppiger has maintained a Market Outperform rating on Nutanix (NASDAQ:NTNX) and increased the price target from $45 to $50.
November 30, 2023 | 7:02 pm
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POSITIVE IMPACT
JMP Securities analyst Erik Suppiger has reaffirmed Nutanix's Market Outperform rating and raised the price target from $45 to $50.
The increase in price target by JMP Securities suggests a positive outlook on Nutanix's performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100