Morgan Stanley Maintains Equal-Weight on Nutanix, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Meta Marshall maintains an Equal-Weight rating on Nutanix (NTNX) and raises the price target from $58 to $63.

March 27, 2024 | 12:18 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on Nutanix, raising the price target from $58 to $63.
The increase in price target by Morgan Stanley suggests a positive outlook on Nutanix's stock value in the short term. This adjustment reflects an expectation of stronger performance or favorable market conditions for Nutanix, likely leading to increased investor interest and potentially a rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100