Nutanix Q1 Results Offset By Slowing Annual Recurring Revenue, Federal Vertical Weakness: Analysts – Broadcom (NASDAQ:AVGO), Nutanix (NASDAQ:NTNX)
Nutanix, Inc. NTNX shares are trading lower on Wednesday. The company’s annual recurring revenue grew 18%, while revenue jumped 16%. Needham analyst Mike Cikos reiterated the Buy rating on Nutanix, raising the price forecast to $90 from $80.… Article Source https://www.benzinga.com/24/11/42221971/nutanix-q1-results-offset-by-slowing-arr-growth-and-federal-vertical-weakness-analysts