JPMorgan analyst Samik Chatterjee downgraded Nutanix (NTNX) to Neutral from Overweight with a price target of $44, down from $55.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTNX:
- Nutanix price target lowered to $43 from $53 at Northland
- Balancing Long-Term Opportunity and Near-Term Uncertainty: A Hold Rating on Nutanix Amid Supply Chain and Macro Headwinds
- Closing Bell Movers: Futures bounce on Iran ceasefire; Levi Strauss up 6% on Q1
- Nutanix sees mid-to-high teens revenue growth in FY29
- Nutanix Expands Share Repurchase Authorization, Signaling Confidence