From Financial Modeling Prep: 2025-02-27 08:00:12

Barclays maintains an “Overweight” rating for Nutanix, Inc. (NASDAQ:NTNX), with a price target raised to $94 from $87. Nutanix’s stock price is at $69.35, up by 3.63%.

Nutanix is a cloud computing company offering enterprise cloud platforms integrating storage, computing, and virtualization. Competing with VMware and Dell, Barclays’ positive outlook reflects confidence in Nutanix’s future performance.

Following a Q2 earnings call, Barclays raised Nutanix’s price target, showing faith in the company’s strategic direction. Stock volatility persists, with a market cap of $18.58 billion, and a trading volume of 3,191,936 shares on NASDAQ. Investors closely monitor Nutanix’s financials and initiatives.



Read more at Financial Modeling Prep:: Nutanix, Inc. (NASDAQ:NTNX) Maintains Positive Out…