Nutanix Inc (NASDAQ:NTNX) was upgraded by equities researchers at Vetr from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday. The brokerage currently has a $47.17 price objective on the stock. Vetr‘s price objective points to a potential upside of 30.38% from the stock’s previous close.

Separately, Maxim Group assumed coverage on shares of Nutanix in a research report on Friday, September 30th. They issued a “buy” rating and a $40.00 price target on the stock.

Nutanix (NASDAQ:NTNX) opened at 36.18 on Tuesday. Nutanix has a 52-week low of $26.10 and a 52-week high of $46.78. The firm’s market capitalization is $1.67 billion. The stock’s 50 day moving average price is $38.93 and its 200 day moving average price is $38.93.

Nutanix Company Profile

Nutanix, Inc (Nutanix) provides an enterprise cloud platform that converges silos of server, virtualization and storage into one integrated solution and connects to public cloud services. The Company’s software-driven platform delivers the scalability and pay-as-you-grow economics of the public cloud, while addressing enterprise requirements of application mobility, security, data integrity and control.

5 Day Chart for NASDAQ:NTNX

To view Vetr’s full report, visit Vetr’s official website.

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