Nutanix Inc (NTNX): Maxim Group Reconfirms “Buy” Rating Today, Has a Target of $72.0000/Share

Nutanix Inc (NTNX) Rating Reaffirmed

Recently, In a research note sent to investors and clients on 28 November, Nutanix Inc (NTNX) shares have had their “Buy” Rating restate by investment analysts at Maxim Group, who currently has a $72.0000 PT on company. This target by Maxim Group means the possibile upside of 61.04 % from the stock close price.

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 rating was maintained by KeyBanc Capital Markets on Friday, June 22 with “Overweight”. Stifel Nicolaus maintained it with “Buy” rating and $5500 target in Tuesday, November 27 report. The rating was maintained by Wells Fargo with “Outperform” on Monday, June 25. As per Tuesday, November 27, the company rating was maintained by Oppenheimer. The rating was upgraded by JP Morgan to “Neutral” on Thursday, August 30. The company was maintained on Tuesday, September 25 by Raymond James. The firm earned “Buy” rating on Thursday, November 29 by Robert W. Baird. Susquehanna downgraded the stock to “Negative” rating in Monday, September 24 report. Maxim Group maintained the shares of NTNX in report on Wednesday, November 28 with “Buy” rating. Jefferies downgraded Nutanix, Inc. (NASDAQ:NTNX) on Friday, August 17 to “Hold” rating.

The stock increased 1.98% or $0.87 during the last trading session, reaching $44.71. About 2.77 million 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: Benzinga.com which released: “4 Stocks Moving In Tuesday’s After-Hours Session – Benzinga” on November 27, 2018, also Nasdaq.com with their article: “After-Hours Earnings Report for November 27, 2018 : CRM, NTNX, GWPH, CENTA, CENT, OOMA, VJET – Nasdaq” published on November 27, 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: Nasdaq.com and their article: “Nutanix (NTNX) to Report Q4 Earnings: What’s in the Cards? – Nasdaq” published on August 28, 2018 as well as Nasdaq.com‘s news article titled: “Here’s Why You Should Retain Citrix (CTXS) in Your Portfolio – Nasdaq” with publication date: November 26, 2018.

Nutanix, Inc. (NASDAQ:NTNX) Ratings Chart

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