Nutanix (NTNX) Upgraded at BTIG Research

Royal Bank of Canada restated a "buy" rating and set a $43.00 price objective on shares of Nutanix in a research report on Friday, March 2nd. The firm has "Underweight" rating by Barclays Capital given on Friday, January 22. The rating was downgraded by Credit Suisse to "Neutral" on Monday, September 21. They issued an "outperform" rating and a $40.00 target price on the stock. Therefore 83% are positive. Nutanix has a twelve month low of $14.38 and a twelve month high of $49.80. KeyBanc Capital Markets increased its price target to 61 from 52, Jefferies to 60 from 42, and Piper Jaffray to 57 from 44. Nutanix had 13 analyst reports since October 25, 2016 according to SRatingsIntel. Focused Wealth Management Inc raised its stake in Nutanix by 107.2% during the fourth quarter. (NASDAQ:NTNX), has jumped by 39.16% year to date as of 03/09/2018.

In related news, insider Sunil Potti sold 15,000 shares of Nutanix stock in a transaction that occurred on Friday, December 15th. (NASDAQ:NTNX) has "Buy" rating given on Thursday, August 31 by William Blair. The rating was initiated by Stifel Nicolaus on Tuesday, October 25 with "Hold". The firm has "Neutral" rating by Goldman Sachs given on Tuesday, October 25.

Sell side analysts plays vital role in buying and selling a stock where 3 analysts rated Nutanix, Inc. Raymond James Financial upgraded shares of Nutanix from a "market perform" rating to an "outperform" rating and set a $32.00 price target for the company in a research report on Monday, November 6th. Nutanix, Inc.is based in San Jose, United States. (Nasdaq: "NTNX) to Ring The Nasdaq Stock Market Opening Bell" published on March 09, 2018, Businesswire.com published: "Nutanix Announces Definitive Agreement to Acquire Netsil" on March 12, 2018. As per Friday, March 2, the company rating was maintained by Robert W. Baird. The rating was initiated by Robert W. Baird on Tuesday, October 25 with "Outperform". This ratio also gives some idea of whether you're paying too much for what would be left if the company went bankrupt immediately. Retail, and Wholesale Banking. The fund purchased 8,370 shares of the technology company's stock, valued at approximately $321,000. The Toronto-Dominion Bank (NYSE:TD) has risen 8.67% since March 12, 2017 and is uptrending. It has underperformed by 26.49% the S&P500.

Nutanix, Inc., together with its subsidiaries, provides an enterprise cloud operating system in North America, Europe, the Asia-Pacific, the Middle East, Latin America, and Africa. Following the completion of the transaction, the director now directly owns 55,300 shares in the company, valued at $1,973,104.

Nutanix's software manages network, storage and server infrastructure in private cloud-computing platforms, an emerging market called "hyperconvergence". During the same period in the previous year, the business posted ($0.28) earnings per share. analysts expect that Nutanix will post -1.59 earnings per share for the current fiscal year. The companyÂ's software products include Acropolis, which comprises Distributed Storage Fabric that replaces traditional storage arrays and delivers enterprise-grade data management across a range of storage protocols to support various enterprise applications, including virtualized and non-virtualized applications; and Application Mobility Fabric that enables enhanced levels of application placement, conversion, and migration across various hypervisors and public clouds.

Nutanix, Inc. (NASDAQ:NTNX)'s stock on Friday traded at beginning with a price of $47.99 and when day-trade ended the stock finally edged up 5.99% to reach at $49.10. The shares were sold at an average price of $35.68, for a total value of $5,352,000.00.

Nutanix, Inc. (NASDAQ:NTNX) yearly performance is 128.46% and net profit margin is -47.90%.

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