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Nutanix price target raised to $95 from $90 at Susquehanna

Susquehanna raised the firm’s price target on Nutanix (NTNX) to $95 from $90 and keeps a Positive rating on the shares. The firm updated its estimates following the April quarter earnings report. Susquehanna said their view is similar to last quarter, contract duration is up slightly given the macro uncertainty, which appears common, with new partnerships with the likes of Google (GOOGL) and Pure helping to support high-teens ARR growth.

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