Nutanix (NTNX) Tops Q3 EPS by 19c, Revenues Beat; Withdraws FY20 Guidance

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Nutanix (NTNX) PT Raised to $25 at Piper Sandler Following 3Q

May 28, 2020 8:18 AM EDT

Piper Sandler analyst James Fish raised the price target on Nutanix (NASDAQ: NTNX) to $25.00 (from $23.00) while maintaining a Neutral rating following the company's 3Q earnings report. The EUC portfolio helped offset the core weakness experienced due to CV19. Results came in ~5% above expectations... More

Nutanix (NTNX) PT Lowered to $35 at KeyBanc Following 3Q

May 28, 2020 7:39 AM EDT

KeyBanc analyst Alex Kurtz lowered the price target on Nutanix (NASDAQ: NTNX) to $35.00 (from $38.00) while maintaining a Overweight rating following the company's 3Q earnings report. After positively pre-announcing and previously withdrawing FY20 guidance, Nutanix reported results largely as expected with revenue of $318M vs.... More

Nutanix (NTNX) PT Raised to $30 at Needham & Company Following 3Q Beat

May 28, 2020 7:28 AM EDT

Needham & Company analyst Jack Andrews raised the price target on Nutanix (NASDAQ: NTNX) to $30.00 (from $24.00) while maintaining a Buy rating following the company's 3Q earnings release. NTNX reported 3Q revenue of $318.3 million, ahead of the consensus of $313.3 million. Non-GAAP EPS of $(0.69) was well-ahead of... More