Piper Sandler Maintains Overweight on Nutanix, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst James Fish maintains an Overweight rating on Nutanix (NASDAQ:NTNX) and raises the price target from $76 to $77.
August 29, 2024 | 2:09 pm
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POSITIVE IMPACT
Piper Sandler has reaffirmed its Overweight rating on Nutanix and slightly increased the price target to $77, indicating continued confidence in the company's performance.
The reaffirmation of an Overweight rating and a slight increase in the price target by a reputable analyst suggests a positive outlook for Nutanix. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100