Nutanix stock outlook brightens with raised price target and stable demand, notes RBC Capital By Investing.com
On Thursday, RBC Capital Markets adjusted its outlook on Nutanix (NASDAQ:) shares, raising the price target to $75 from $70, while maintaining an Outperform rating. The revision followed Nutanix’s announcement of its fourth-quarter results, which surpassed consensus expectations and reached the higher end of the company’s guidance. The company’s performance was marked by strong Annual … Read more