Nutanix (NTNX) PT Raised to $50 at Morgan Stanley
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Nutanix rises 10% on solid forecast; BofA sees 'many positives'
November 30, 2023 7:18 AM ESTNutanix (NASDAQ: NTNX) reported FQ1 earnings that topped analyst expectations, paving the way for a guidance raise.
Earnings per share (EPS) of $0.29 easily topped the analyst estimate of $0.18. Revenue for the quarter reached $511.1 million, marking an 18% year-over-year increase and beating the consensus estimate of $501.3 million.
Key financial highlights... More
