Oppenheimer adjusts Nutanix PT to $65 from $75, maintains outperform rating

Nutanix, Inc. is dedicated to cloud software, offering organizations a single platform to run applications and data in the clouds. The company’s Nutanix Cloud Platform is designed to enable organizations to build a hybrid multi-cloud infrastructure, providing a consistent cloud operating model with a single platform for running applications and managing data across core, edge, and public cloud data centers, all while supporting a variety of hypervisors and container platforms. Nutanix Cloud Platform supports a variety of workloads with diverse compute, storage, and networking requirements, including business-critical applications, data platforms, general-purpose workloads, end-user computing and virtual desktop infrastructure services, enterprise artificial intelligence (AI) workloads, and cloud-native applications. Its solutions are primarily sold through its channel partners or original equipment manufacturers (OEMs) and delivered directly to its end customers.