Nutanix shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight and raised its price target from $71 to $72.
Portfolio Pulse from Benzinga Newsdesk
Nutanix shares rose following an upgrade by Morgan Stanley from Equal-Weight to Overweight, with a price target increase from $71 to $72.
October 28, 2024 | 12:50 pm
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POSITIVE IMPACT
Nutanix shares increased after Morgan Stanley upgraded the stock to Overweight and raised the price target to $72.
The upgrade from Morgan Stanley to Overweight and the increase in price target to $72 is a positive signal for investors, likely leading to increased buying interest and a short-term rise in Nutanix's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100