Morgan Stanley Raises Nutanix (NTNX) Price Target to $52.00

Nutanix Inc (NASDAQ:NTNX) traded up 0% during mid-day trading on Friday after Bank of America raised their price target on the stock from $45.00 to $60.00. $41.37's average target is -21.84% below currents $52.93 stock price. Maxim Group's price objective would suggest a potential upside of 9.99% from the company's current price. Nutanix presently has a consensus rating of "Buy" and a consensus price target of $39.96.

NTNX has been the topic of a number of recent analyst reports. The firm has "Buy" rating given on Tuesday, October 10 by Jefferies. Zacks Investment Research cut shares of Nutanix from a "buy" rating to a "hold" rating in a research report on Wednesday, November 8th.

Shares of Nutanix Inc (NASDAQ:NTNX) opened at $49.10 on Monday. Finally, Wells Fargo & Co assumed coverage on Nutanix in a report on Tuesday, November 14th. The company maintains price to book ratio of 0.78 industry average at 1.26.

Coastal storm brushes area with a little snow overnight into Tuesday
SNOW POTENTIAL INDEXA daily assessment of the potential for at least one inch of snow in the next week, on a 0-10 scale. Cool and dry high pressure will then prevail through Thursday before temperatures moderate through next weekend.

Analyst's ratings determines the future of any company.

Sell side analysts plays vital role in buying and selling a stock where 3 analysts rated Nutanix, Inc.

Nutanix (NASDAQ:NTNX) traded up $2.77 during trading on Friday, reaching $49.10. The fund purchased 8,370 shares of the technology company's stock, valued at approximately $321,000. The Stock has its 52-week High of $51.63 and 52-Week Low of $14.38 and it touched its 52-week high on 03/12/18 and 52-Week Low on 05/01/17. The firm has "Overweight" rating by KeyBanc Capital Markets given on Friday, March 9. Nutanix, Inc. (NASDAQ:NTNX) has 0.00% since March 12, 2017 and is. Company fiscal year is ending in July and analysts' consensus recommendation is Outperform for NTNX and estimated EPS for next quarter is -2.15. Nutanix had a negative net margin of 33.34% and a negative return on equity of 270.61%. The company had revenue of $286.70 million during the quarter, compared to analyst estimates of $283.22 million. During the same period past year, the business earned ($0.28) earnings per share. While in the same Quarter Previous year, the Actual EPS was $-0.42. The stock of Nutanix, Inc. The shares were sold at an average price of $35.68, for a total value of $5,352,000.00.

Condolências por Camacho Vieira
Augusto Camacho Vieira, antigo médico da Seleção Nacional, morreu esta terça-feira em Lisboa, avança a Federação Portuguesa de Futebol.

The company now has an insider ownership of 1.7 Percent and Institutional ownership of 69 Percent. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP David Sangster sold 5,892 shares of the company's stock in a transaction on Tuesday, December 19th. The disclosure for this sale can be found here.

Several large investors have recently modified their holdings of NTNX. Inc. grew its position in shares of Nutanix by 320.0% during the 3rd quarter. Cambridge Investment Research Advisors Inc. purchased a new position in Nutanix in the fourth quarter valued at approximately $374,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Nutanix in the fourth quarter worth $4,557,000. Over the last quarter, insiders have sold 2,808,918 shares of company stock valued at $104,706,913. US Bancorp DE now owns 4,753 shares of the technology company's stock worth $168,000 after acquiring an additional 4,253 shares in the last quarter. Xact Kapitalforvaltning AB bought a new stake in shares of Nutanix in the fourth quarter worth $229,000. Investors seem to be very interested in what happens to the stocks of these two companies but do investors favor one over the other?

COPYRIGHT VIOLATION WARNING: This piece was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece on another domain, it was illegally copied and republished in violation of United States & global trademark & copyright legislation.

Katy Perry suffers wardrobe malfunction in 'American Idol' twerk battle
Layla got a real ticket to Hollywood. "Would the kiss have been appropriate if it was gender reversed?" wrote one viewer. As she was dancing, Perry lost her balance, taking a tumble and exposing herself to the judges in the process.

Nutanix, Inc is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution.

Últimas notícias