Is It Worth Investing in Nutanix (NTNX) Based on Wall Street’s Bullish Views?

Is It Worth Investing in Nutanix (NTNX) Based on Wall Street’s Bullish Views?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though? Let’s take a look at what these Wall Street heavyweights have to … Read more

Nutanix (NTNX) Ascends While Market Falls: Some Facts to Note

Nutanix (NTNX) Ascends While Market Falls: Some Facts to Note

In the latest market close, Nutanix (NTNX) reached $53.03, with a +1.95% movement compared to the previous day. This change outpaced the S&P 500’s 0.2% loss on the day. On the other hand, the Dow registered a loss of 0.15%, and the technology-centric Nasdaq decreased by 0.34%. The the stock of enterprise cloud platform services … Read more

Nutanix (NTNX) Upgraded to Buy: What Does It Mean for the Stock?

Nutanix (NTNX) Upgraded to Buy: What Does It Mean for the Stock?

Nutanix (NTNX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company’s changing earnings picture is at the core of the Zacks rating. The … Read more

Is Nutanix (NTNX) a Buy as Wall Street Analysts Look Optimistic?

Is Nutanix (NTNX) a Buy as Wall Street Analysts Look Optimistic?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see … Read more