Barclays Maintains Overweight on Nutanix, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Overweight rating on Nutanix (NASDAQ:NTNX) and increased the price target from $49 to $68.
February 29, 2024 | 11:58 am
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Barclays analyst Tim Long has maintained an Overweight rating on Nutanix and raised the price target from $49 to $68.
The increase in price target by Barclays, a major financial institution, signals a strong confidence in Nutanix's future performance. This is likely to positively influence investor sentiment and potentially lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100