Nutanix (NTNX) Selloff Likely To Be Short Lived - Piper Jaffray

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Nutanix (NTNX) PT Raised to $55 at Susquehanna

August 31, 2018 8:29 AM EDT

Susquehanna analyst Mehdi Hosseini raised the price target on Nutanix (NASDAQ: NTNX) to $55.00 (from $35.00) while maintaining a Neutral rating.

Hosseini commented, "NTNX is embracing an aggressive opex strategy, and while this has merits (sizable opportunity, attractive repeat order multiples), it commands... More