Nutanix, Inc. (NASDAQ: NTNX) is considered one of the most promising cloud stocks by analysts. Barclays analyst Tim Long downgraded the stock from Overweight to Equal Weight on January 15, with a revised price target of $53, offering a 26% upside from current levels.

Oracle Stock (ORCL) is now seen as the fourth hyperscaler by analysts. Morgan Stanley analyst Sanjit Singh downgraded the stock from Overweight to Equal Weight with a price target of $62, reflecting a 47.6% upside from current levels.

Despite a decline in visibility for top-line growth, Nutanix remains an attractive business with over $2.5 billion in revenue. Analysts view the company’s long-term growth prospects positively, despite short-term uncertainty.

Nutanix, Inc. (NASDAQ: NTNX) provides enterprise cloud platform services across various regions. The company offers cloud infrastructure, hyperconverged infrastructure software, network security, data services for Kubernetes, and more.

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Read more at Yahoo Finance: Analysts Believe Nutanix (NTNX) Has Big Upside Ahead