RBC Capital Maintains Outperform on Nutanix, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Nutanix (NTNX) and raises the price target from $68 to $72.
February 29, 2024 | 5:43 pm
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POSITIVE IMPACT
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Nutanix and raises the price target from $68 to $72.
The increase in price target by RBC Capital indicates a positive outlook on Nutanix's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100