Goldman Sachs initiated coverage of Nutanix (NTNX) with a Buy rating and $95 price target The firm views the company as a “key modernization play” for enterprises navigating legacy infrastructure transitions. Nutanix’s Hyperconverged Infrastructure platform delivers a cloud-like operating model to on-premise environments, the analyst tells investors in a research note. Goldman believes Nutanix is positioned to become a hybrid multi-cloud standard.
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