Susquehanna analyst Brad Reback raised the firm’s price target on Nutanix (NTNX) to $90 from $85 and keeps a Positive rating on the shares. The firm said its Jan-Q report exceeded expectations on all fronts, with Apr-Q guidance coming in better than the consensus. The company continues to make significant strides via the land and expand strategy.
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: