Breaking: Nutanix Inc (NTNX) Buy Rating Reconfirmed by Oppenheimer Today; The Target Given is $70.0000

Nutanix Inc (NTNX) Rating Reaffirmed

Nutanix Inc (NTNX) just had their share rating of a ‘Buy’ issued by research analysts at Oppenheimer, who now has a $70.0000 PT on the $7.99B market cap company or a 56.56 % upside potential. This key information was disclosed in an analyst note on 27 November.

Nutanix, Inc. (NASDAQ:NTNX) Ratings Coverage

Among 10 analysts covering Nutanix (NTNX), 7 have Buy rating, 1 Sell and 2 Hold. Therefore 70% are positive. Nutanix has $74 highest and $33 lowest target. $58.10’s average target is 29.95% above currents $44.71 stock price. Nutanix had 11 analyst reports since June 22, 2018 according to SRatingsIntel. The firm has “Overweight” rating given on Friday, June 22 by KeyBanc Capital Markets. The rating was maintained by Oppenheimer on Tuesday, November 27 with “Buy”. Jefferies downgraded Nutanix, Inc. (NASDAQ:NTNX) on Friday, August 17 to “Hold” rating. The company was downgraded on Monday, September 24 by Susquehanna. The stock has “Neutral” rating by JP Morgan on Thursday, August 30. Wells Fargo maintained the shares of NTNX in report on Monday, June 25 with “Outperform” rating. Robert W. Baird initiated Nutanix, Inc. (NASDAQ:NTNX) rating on Thursday, November 29. Robert W. Baird has “Buy” rating and $5800 target. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, November 27. The rating was maintained by Maxim Group with “Buy” on Wednesday, November 28. Raymond James maintained it with “Outperform” rating and $71 target in Tuesday, September 25 report.

The stock increased 1.98% or $0.87 during the last trading session, reaching $44.71. About 2.77M shares traded. Nutanix, Inc. (NTNX) has risen 134.53% since December 2, 2017 and is uptrending. It has outperformed by 118.91% the S&P500.

Nutanix, Inc., together with its subsidiaries, provides an enterprise cloud operating system in North America, Europe, the Asia-Pacific, the Middle East, Latin America, and Africa. The company has market cap of $7.99 billion. The Company’s cloud operating system converges traditional silos of server, virtualization, storage, and networking into one integrated solution; and unifies private and public cloud into a single software fabric. It currently has negative earnings. The companyÂ’s software products include Acropolis, which comprises Distributed Storage Fabric that replaces traditional storage arrays and delivers enterprise-grade data management across a range of storage protocols to support various enterprise applications, including virtualized and non-virtualized applications; and Application Mobility Fabric that enables enhanced levels of application placement, conversion, and migration across various hypervisors and public clouds.

More notable recent Nutanix, Inc. (NASDAQ:NTNX) news were published by: Businesswire.com which released: “Nutanix Reports First Quarter Fiscal 2019 Financial Results – Business Wire” on November 27, 2018, also Nasdaq.com with their article: “Here’s Why You Should Retain Citrix (CTXS) in Your Portfolio – Nasdaq” published on November 26, 2018, Businesswire.com published: “Nutanix to Present at Upcoming Investor Conferences – Business Wire” on November 30, 2018. More interesting news about Nutanix, Inc. (NASDAQ:NTNX) were released by: Seekingalpha.com and their article: “CRM, ACAD, ALS among premarket gainers – Seeking Alpha” published on November 28, 2018 as well as Nasdaq.com‘s news article titled: “Mid-Morning Market Update: Markets Open Higher; Dicks Sporting Goods Profit Beats Estimates – Nasdaq” with publication date: November 28, 2018.

Nutanix, Inc. (NASDAQ:NTNX) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.