Nutanix (NTNX) PT Raised to $62 at Piper Jaffray

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Nutanix (NTNX) PT Raised to $62 at Piper Jaffray on 3Q Report; 'Continues to Outperform Through Transition'

May 25, 2018 6:08 AM EDT

Piper Jaffray raised its price target on Nutanix (NASDAQ: NTNX) to $62.00 (from $57.00) while maintaining a Overweight rating, following the company's third quarter earnings report.

Analyst Andrew Nowinski notes an upbeat outlook on the shares, as NTNX reported third quarter revenues above consensus... More