Analysts Offer Insights on Technology Companies: Nutanix Inc (NTNX) and Virtusa Corp (VRTU)


There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Nutanix Inc (NASDAQ:NTNX) and Virtusa Corp (NASDAQ:VRTU) with bullish sentiments.

Nutanix Inc (NTNX)

Raymond James analyst Adam Tindle maintained a Buy rating on Nutanix Inc today and set a price target of $74. The company’s shares closed yesterday at $60.82, close to its 52-week high of $64.87.

According to TipRanks.com, Tindle is a 3-star analyst with an average return of 4.2% and a 59.6% success rate. Tindle covers the Technology sector, focusing on stocks such as ConvergeOne Holdings Inc, Arlo Technologies Inc, and Sonos Inc.

Nutanix Inc has an analyst consensus of Strong Buy, with a price target consensus of $67.75, an 11.4% upside from current levels. In a report issued on August 27, Piper Jaffray also reiterated a Buy rating on the stock with a $66 price target.

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Virtusa Corp (VRTU)

Wedbush analyst Moshe Katri maintained a Buy rating on Virtusa Corp today and set a price target of $70. The company’s shares closed yesterday at $56.87, close to its 52-week high of $58.09.

According to TipRanks.com, Katri is a 4-star analyst with an average return of 21.0% and a 86.7% success rate. Katri covers the Technology sector, focusing on stocks such as Automatic Data Processing, Global Payments Inc, and Epam Systems Inc.

Currently, the analyst consensus on Virtusa Corp is a Strong Buy with an average price target of $62.40.

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