Keybanc Maintains Overweight on Nutanix, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Thomas Blakey has maintained an Overweight rating on Nutanix (NASDAQ:NTNX) and increased the price target from $60 to $68.
February 09, 2024 | 8:05 pm
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Keybanc analyst Thomas Blakey reaffirmed an Overweight rating on Nutanix and raised the price target from $60 to $68.
The increase in price target by a reputable analyst like Thomas Blakey suggests a strong bullish sentiment towards Nutanix. This kind of positive analyst coverage typically leads to increased investor confidence and can drive the stock price up in the short term.
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