JMP Securities Maintains Market Outperform on Nutanix, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Erik Suppiger has maintained a Market Outperform rating on Nutanix (NTNX) and increased the price target from $50 to $70.
February 05, 2024 | 5:50 pm
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POSITIVE IMPACT
JMP Securities has maintained a Market Outperform rating on Nutanix and raised the price target from $50 to $70.
The increase in price target by JMP Securities from $50 to $70 reflects a positive outlook on Nutanix's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100