Raymond James analyst Adam Tindle maintained a Buy rating on Nutanix Inc (NASDAQ: NTNX) today and set a price target of $71. The company’s shares closed yesterday at $42.40.
According to TipRanks.com, Tindle is a 2-star analyst with an average return of 1.1% and a 49.0% 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 Moderate Buy, with a price target consensus of $64.20, which is a 51.4% upside from current levels. In a report issued on September 18, William Blair also reiterated a Buy rating on the stock.
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The company has a one-year high of $64.87 and a one-year low of $21.63. Currently, Nutanix Inc has an average volume of 2.95M.
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Nutanix, Inc. provides enterprise virtualization and storage solutions. It specializes in cloud operating system that converges traditional silos of server, virtualization, storage, and networking into one integrated solution and unifies private and public cloud into a single software fabric. Its products are offered through the Acropolis and Prism brands.
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