Susquehanna Maintains Positive on Nutanix, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Mehdi Hosseini has maintained a Positive rating on Nutanix (NASDAQ:NTNX) and increased the price target from $48 to $60.
December 01, 2023 | 5:33 pm
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POSITIVE IMPACT
Susquehanna analyst Mehdi Hosseini reaffirmed a Positive rating on Nutanix and raised the price target to $60, indicating a bullish outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100