Morgan Stanley Maintains Equal-Weight on Nutanix, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley maintains an Equal-Weight rating on Nutanix (NASDAQ:NTNX) but lowers the price target from $72 to $62.
June 21, 2024 | 2:16 pm
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Morgan Stanley has maintained its Equal-Weight rating on Nutanix but has lowered the price target from $72 to $62.
The lowering of the price target by Morgan Stanley suggests a less optimistic outlook for Nutanix's stock performance, which could lead to a short-term decline in its stock price.
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