JP Morgan Maintains Overweight on Nutanix, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Pinjalim Bora maintains an Overweight rating on Nutanix (NASDAQ:NTNX) and raises the price target from $65 to $75.
August 29, 2024 | 1:34 pm
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JP Morgan has increased its price target for Nutanix from $65 to $75 while maintaining an Overweight rating, indicating a positive outlook on the stock.
The increase in price target from $65 to $75 by JP Morgan suggests a positive outlook for Nutanix, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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