Morgan Stanley Maintains Equal-Weight on Nutanix, Raises Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Equal-Weight rating on Nutanix (NASDAQ:NTNX) while raising the price target from $62 to $71.
August 29, 2024 | 12:55 pm
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Morgan Stanley has maintained its Equal-Weight rating on Nutanix and increased the price target from $62 to $71, indicating a positive outlook.
The increase in price target from $62 to $71 by Morgan Stanley suggests a positive outlook for Nutanix, which could lead to a short-term increase in stock price. The Equal-Weight rating indicates a neutral stance, but the raised target reflects potential growth.
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