Key Analysts at RBC Capital Kept their ‘”Buy”’ rating for Nutanix Inc (NTNX) Shares Today. Their PT is Set to $40.0

March 15, 2018 - By Adrian Mccoy

 Key Analysts at RBC Capital Kept their ‘

Nutanix Inc (NTNX) Rating Reaffirmed

The company has just set a PT of $40.0 on Nutanix Inc (NTNX) shares. This is -26.48 % from the previous stock close. In analysts report revealed to clients on 1 December, RBC Capital reaffirmed their “Buy” rating on shares of NTNX.

Nutanix, Inc. (NASDAQ:NTNX) Ratings Coverage

Among 24 analysts covering Nutanix (NTNX), 20 have Buy rating, 2 Sell and 2 Hold. Therefore 83% are positive. Nutanix has $71 highest and $1900 lowest target. $44.55’s average target is -18.12% below currents $54.41 stock price. Nutanix had 92 analyst reports since September 30, 2016 according to SRatingsIntel. Stifel Nicolaus maintained Nutanix, Inc. (NASDAQ:NTNX) on Tuesday, August 15 with “Hold” rating. The firm has “Buy” rating given on Wednesday, October 11 by Sterne Agee CRT. Bank of America maintained the shares of NTNX in report on Friday, May 26 with “Buy” rating. The stock of Nutanix, Inc. (NASDAQ:NTNX) earned “Buy” rating by RBC Capital Markets on Monday, October 30. The stock of Nutanix, Inc. (NASDAQ:NTNX) has “Buy” rating given on Sunday, August 20 by RBC Capital Markets. The firm has “Outperform” rating by Wells Fargo given on Friday, March 2. The firm earned “Buy” rating on Thursday, March 1 by KeyBanc Capital Markets. KeyBanc Capital Markets maintained Nutanix, Inc. (NASDAQ:NTNX) rating on Friday, March 9. KeyBanc Capital Markets has “Overweight” rating and $52 target. As per Friday, December 1, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by Jefferies given on Tuesday, October 10.

The stock decreased 0.46% or $0.25 during the last trading session, reaching $54.41. About 7.05 million shares traded or 68.02% up from the average. Nutanix, Inc. (NTNX) has 0.00% since March 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Nutanix, Inc. (NASDAQ:NTNX) to report earnings on May, 24. They expect $-0.44 earnings per share, up 42.86 % or $0.33 from last year’s $-0.77 per share. After $-0.40 actual earnings per share reported by Nutanix, Inc. for the previous quarter, Wall Street now forecasts 10.00 % negative EPS growth.

Nutanix, Inc., together with its subsidiaries, provides an enterprise cloud operating system in North America, Europe, the Asia-Pacific, the Middle East, Latin America, and Africa. The company has market cap of $8.73 billion. The Company’s cloud operating system converges traditional silos of server, virtualization, storage, and networking into one integrated solution; and unifies private and public cloud into a single software fabric. It currently has negative earnings. The companyÂ’s software products include Acropolis, which comprises Distributed Storage Fabric that replaces traditional storage arrays and delivers enterprise-grade data management across a range of storage protocols to support various enterprise applications, including virtualized and non-virtualized applications; and Application Mobility Fabric that enables enhanced levels of application placement, conversion, and migration across various hypervisors and public clouds.

More notable recent Nutanix, Inc. (NASDAQ:NTNX) news were published by: which released: “Nutanix stock gains after BTIG upgrades to buy” on March 09, 2018, also with their article: “Nutanix, Inc. (Nasdaq: NTNX) to Ring The Nasdaq Stock Market Opening Bell” published on March 09, 2018, published: “Nutanix powers on in software transition” on March 02, 2018. More interesting news about Nutanix, Inc. (NASDAQ:NTNX) were released by: and their article: “Nutanix Announces Definitive Agreement to Acquire Netsil” published on March 12, 2018 as well as‘s news article titled: “Nutanix stock gains after Needham hikes target to $61” with publication date: March 13, 2018.

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