Nutanix (NTNX) Tops Q2 EPS by 2c; Guides Below

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Nutanix (NTNX) PT Lowered to $48 at Raymond James

March 1, 2019 7:37 AM EST

Raymond James analyst Simon Leopold lowered the price target on Nutanix (NASDAQ: NTNX) to $48.00 (from $53.00) while maintaining a Outperform rating.

... More

Nutanix (NTNX) PT Lowered to $52 at RBC Capital; Long-Term Thesis Unchanged

March 1, 2019 7:10 AM EST

RBC Capital analyst Matthew Hedberg lowered the price target on Nutanix (NASDAQ: NTNX) to $52.00 (from $64.00) while maintaining a Outperform rating following disappointing results.

Hedberg commented, "Guidance moves lower as management noted inadequate marketing spend for pipeline generation and slower-than-expected sales hiring. The... More

UPDATE: Oppenheimer Downgrades Nutanix (NTNX) to Perform

March 1, 2019 5:37 AM EST

(Updated - March 1, 2019 9:25 AM EST)

(updated to add analyst comments)

Oppenheimer analyst Ittai Kidron downgraded Nutanix (NASDAQ: NTNX) from Outperform to Perform.

The analyst commented, "Nutanix reported a mixed quarter with some positives (record $1M deal sizes, 40% AHV adoption, multiple Enterprise/Essentials... More

Wells Fargo Downgrades Nutanix (NTNX) to Market Perform

March 1, 2019 3:35 AM EST

Wells Fargo downgraded Nutanix (NASDAQ: NTNX) from Outperform to Market Perform with a price target of $45.00 (from $70.00).

"While Nutanix is a leader in the fast growing hyper-converged infrastructure (HCI) market, we remain cautious on near term sales execution as the company looks... More

Stifel Downgrades Nutanix (NTNX) to Hold

March 1, 2019 3:27 AM EST

Stifel analyst Brad Reback downgraded Nutanix (NASDAQ: NTNX) from Buy to Hold with a price target of $39.00 (from $55.00).

Says guidance fell "woefully short" of consensus estimates.Notes software/support revenue target is in high-teens now compared with 40% (and as high as... More