Nutanix Reports First Quarter Fiscal 2017 Financial Results
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November 30, 2016 9:50 AM EST
Oppenheimer analyst Ittai Kidron reiterated an Outperform rating and lifted his price target on Nutanix (NASDAQ: NTNX) to $38.00 (from $36.00) following a strong quarter out of the gate as a public company.
Kidron commented, "Nutanix delivered a strong first quarter as a... More
November 30, 2016 7:55 AM EST
Susquehanna reiterated a Neutral rating on Nutanix (NASDAQ: NTNX), and raised the price target to $29.00 (from $24.00), following the company's 1Q earnings report. Management noted that its stronger top-line results were driven by stronger than expected Federal business.
Analyst Mehdi Hosseini commented, "We came away encouraged with NTNX's strong October-quarter top-line results and January-quarter guide - as well as promising cash flow dynamics; however, we remain Neutral at current levels given the confluence of appropriate valuation, potential... More
November 30, 2016 7:33 AM EST
Needham & Company reiterated a Buy rating and $36.00 price target on Nutanix (NASDAQ: NTNX) following the company's 1Q earnings report. NTNX posted revenue of $166.8M and a non-GAAP loss per share of ($0.37) vs. consensus estimates of $152.3M and ($0.44).
Analyst Richard Kugele commented,... More
