Nutanix Xi Government Cloud Achieves FedRAMP In Process Designation

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Piper Jaffray Reiterates Neutral Rating on Nutanix (NTNX) Following 4Q Report

August 29, 2019 6:50 AM EDT

Piper Jaffray analyst Andrew Nowinski reiterated a Neutral rating and $25.00 price target on Nutanix (NASDAQ: NTNX) following the company's 4Q report. Nutanix reported FQ4 revenue of $299.9M (-1.3% Y/Y), which was modestly above the midpoint of guidance ($280-310M). EPS of ($0.57), compared to consensus'... More