These Analysts Boost Their Forecasts On Nutanix After Q3 Earnings
Portfolio Pulse from Avi Kapoor
Nutanix, Inc. (NASDAQ:NTNX) reported better-than-expected Q3 earnings, with adjusted earnings of 28 cents per share and sales of $524.577 million. Analysts from Keybanc and Needham raised their price targets for Nutanix following the earnings report.
May 30, 2024 | 11:42 am
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Nutanix reported strong Q3 earnings, beating market expectations with adjusted earnings of 28 cents per share and sales of $524.577 million. Analysts from Keybanc and Needham raised their price targets, reflecting positive sentiment.
Nutanix's better-than-expected earnings and sales figures indicate strong performance, which is likely to positively impact the stock price. The raised price targets from Keybanc and Needham further support a bullish outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100