Nutanix (NASDAQ:NTNX – Get Rating) had its price target increased by Barclays from $34.00 to $38.00 in a report published on Thursday, The Fly reports.
Several other research firms have also recently issued reports on NTNX. OTR Global cut shares of Nutanix to a positive rating in a report on Thursday, May 18th. StockNews.com started coverage on shares of Nutanix in a report on Thursday, May 18th. They issued a buy rating for the company. Royal Bank of Canada reiterated an outperform rating and issued a $33.00 price objective on shares of Nutanix in a report on Tuesday, March 7th. Needham & Company LLC reiterated a buy rating and issued a $33.00 price objective on shares of Nutanix in a report on Tuesday, March 7th. Finally, Susquehanna reiterated a positive rating and issued a $34.00 price objective on shares of Nutanix in a report on Thursday, March 9th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus price target of $33.62.
Nutanix Stock Performance
Shares of NASDAQ:NTNX opened at $29.68 on Thursday. The firm’s 50 day moving average is $25.10 and its two-hundred day moving average is $27.01. Nutanix has a 52 week low of $13.44 and a 52 week high of $33.73.
Institutional Investors Weigh In On Nutanix
Nutanix, Inc engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. The firm also provides software solutions and cloud services to customers’ enterprise infrastructure. The company was founded by Dheeraj Pandey, Ajeet Singh, and Mohit Aron in 2009 and is headquartered in San Jose, CA.
- Get a free copy of the StockNews.com research report on Nutanix (NTNX)
- Ralph Lauren’s Styled Dividend Is Still In Season
- Dollar Tree Falls As Theft Cuts Into Bottom Line
- Best Buy’s Comeback Is Still At Play, Earnings Call For Patience
- e.l.f. Beauty Has Giant Quarter, Shares Hit New High
- If You Can Only Pick One Stock For The Rest Of 2023, Pick Nvidia
Receive News & Ratings for Nutanix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutanix and related companies with MarketBeat.com's FREE daily email newsletter.