Form 8-K Nutanix, Inc. For: Feb 28
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Nutanix (NTNX) PT Lowered to $52 at RBC Capital; Long-Term Thesis Unchanged
March 1, 2019 7:10 AM ESTRBC 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
