Nutanix, a technology company listed on the NASDAQ under the symbol NTNX, had its price target raised by JPMorgan Chase & Co. analysts from $70.00 to $80.00. The company’s stock was given an “overweight” rating. Other research analysts also published reports on Nutanix, with Barclays, Susquehanna, Raymond James, Royal Bank of Canada, and Bank of … Read more
Nutanix, a tech company listed on the NASDAQ under the symbol NTNX, saw its price target increase from $68.00 to $81.00 by research analysts at Barclays. This change was reported by Benzinga, who also noted that Barclays currently rates the stock as “overweight.” The new price target represents a potential upside of 11.19% from the … Read more
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
JPMorgan has reiterated its positive rating on Nutanix (NASDAQ: NTNX) and increased its price target to $80 from $70. The analyst highlighted strong fundamentals, solid demand, and achievable expectations for the company’s fiscal third quarter as reasons for the optimistic outlook. The demand for Nutanix’s products remains strong among existing customers as well as through … 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
NVIDIA Stock (NVDA) Surges After Strong Earnings Report After NVIDIA’s long-awaited first-quarter earnings report, concerns about the semiconductor giant quickly dissipated as the company exceeded expectations. The tech giant reported adjusted earnings per share of $6.12, beating the consensus target of $5.59, and generated sales of $26.04 billion, surpassing the expected $24.65 billion. Management also … Read more
Analysts are eagerly anticipating Nvidia’s first quarter earnings and speculating about the broader market’s reaction. Target missed Wall Street expectations in its first quarter results, with a drop in comparable sales year over year, while Walmart saw an increase in both comparable sales and US foot traffic year over year. Morning Brief hosts Brad Smith … Read more
Tata Communications and Cisco have come together to cater to the growing Indian calling market, which is estimated to be worth between $300-$400 million and is expanding at a rate of 10-12% annually. The two companies have introduced a cloud-based public switched telephone network (PSTN) solution called Webex Calling, aimed at assisting small and medium-sized … Read more
Journalist Lucas Carberry Mogan reports that investors are gearing up for Nvidia’s earnings release after the market closes, which could have a significant impact on market movements in May. The Federal Reserve’s FOMC meeting minutes are also set to be released, providing insight into the Fed’s stance on interest rates. Despite missing first-quarter estimates, Target’s … Read more
NVIDIA (NVDA) is a major focus for investors on Wall Street as they anticipate the company’s upcoming earnings report. The tech giant currently makes up about 5% of the S&P 500 index. Meanwhile, Target (TGT) is under pressure after releasing its first-quarter earnings, which fell short of Wall Street’s expectations with sales declining about 3% … Read more