Nutanix, Inc. saw their price target increased by Morgan Stanley from $63.00 to $72.00, as reported by Benzinga. Other research analysts have also raised their price targets and ratings for Nutanix. The company currently has an equal-weight rating from Morgan Stanley on their stock. This comes after positive earnings results in which Nutanix reported earnings … Read more
Morgan Stanley has identified several stocks that still have room to grow this summer, including companies like Dell Technologies, Hasbro, Nvidia, Progressive, Bath & Body Works, and Warner Music Group. Hasbro, in particular, is seen as a top pick by analyst Megan Alexander due to improving toy demand trends and strong first-quarter earnings. Progressive, an … Read more
Nutanix saw its price target raised by Morgan Stanley from $63.00 to $72.00, with the same weight rating on the stock. Other analysts have also increased their price targets on Nutanix, with JPMorgan Chase & Co., KeyCorp, Barclays, Susquehanna, and Raymond James all giving positive ratings. Overall, Nutanix has received a buy rating from thirteen … Read more
Groq, a competitor of Nvidia in the development of specialized server chips and artificial intelligence software, is looking to raise approximately $300 million in funding. The company has enlisted the help of Morgan Stanley with the fundraising process, as reported by sources familiar with the matter. Groq’s focus on developing advanced technologies for AI applications … Read more
Key drivers for the markets this week include Nvidia’s latest quarterly results, UK inflation data, and central bank speakers providing guidance on potential rate cuts. European stock futures are down, and the dollar index is weak ahead of these events. Nvidia’s results are highly anticipated, with the market rallying in anticipation of its earnings report. … Read more
Cisco, based in San Jose, California, has announced its participation in an upcoming event with the financial community. The event will be conducted via webcast, and interested parties can register and view the session on the Cisco Investor Relations website. The company has stated that no new financial information will be shared during this conference … Read more
Cisco Systems Inc. (CSCO) will be participating in the JP Morgan Global Technology, Media and Communications Conference on May 20, 2024. The event will start at 2:50 pm ET and can be accessed through a live webcast on Cisco’s investor website at https://investor.cisco.com/events/default.aspx. Please note that the views and opinions expressed in this article belong … Read more
On Wednesday, Morgan Stanley maintained its Equalweight rating on shares of Nutanix (NASDAQ:), while increasing the price target to $63 from the previous $58. The firm’s analysis indicates that Nutanix could see a revenue growth boost of 2-5% in the coming years, attributed to the potential increased traction for the company following Broadcom (NASDAQ:)’s acquisition … Read more
On Wednesday, Morgan Stanley (NYSE:) maintained its Equalweight rating on shares of Nutanix (NASDAQ:), while increasing the price target to $63 from the previous $58. The firm’s analysis indicates that Nutanix could see a revenue growth boost of 2-5% in the coming years, attributed to the potential increased traction for the company following Broadcom (NASDAQ:)’s … Read more