B of A Securities Maintains Buy on Nutanix, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan has maintained a Buy rating on Nutanix (NASDAQ:NTNX) and increased the price target from $55 to $65.
February 29, 2024 | 3:27 pm
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B of A Securities has maintained a Buy rating on Nutanix and raised the price target from $55 to $65.
The upgrade in the price target by a reputable analyst firm like B of A Securities typically signals a strong confidence in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100