Needham Reiterates Buy on Nutanix, Maintains $80 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has reiterated a Buy rating on Nutanix (NASDAQ:NTNX) and maintained a price target of $80.
August 29, 2024 | 9:44 am
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Needham analyst Mike Cikos has reiterated a Buy rating on Nutanix and maintained a price target of $80, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a high price target by a reputable analyst suggests positive sentiment and confidence in Nutanix's future performance, likely leading to a short-term positive impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100