These Analysts Boost Their Forecasts On Nutanix After Upbeat Earnings
Portfolio Pulse from Avi Kapoor
Nutanix, Inc. (NASDAQ:NTNX) reported better-than-expected Q4 earnings and issued strong FY25 revenue guidance. Analysts have raised their price targets for NTNX following the earnings announcement.
August 29, 2024 | 1:37 pm
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Nutanix reported Q4 earnings of 27 cents per share, beating estimates, and issued strong FY25 revenue guidance. Analysts have raised their price targets, indicating positive sentiment.
Nutanix's better-than-expected earnings and strong revenue guidance have led analysts to raise their price targets, suggesting a positive outlook for the stock. Despite a slight drop in share price, the overall sentiment is bullish.
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