KeyBanc analyst Thomas Blakey reiterated a Buy rating on Nutanix (NTNX – Research Report) today. The company’s shares closed yesterday at $59.04.
According to TipRanks, Blakey is a 4-star analyst with an average return of 7.3% and a 55.05% success rate. Blakey covers the Technology sector, focusing on stocks such as Pure Storage, Arista Networks, and Nutanix.
Nutanix has an analyst consensus of Strong Buy, with a price target consensus of $57.92, which is a -1.90% downside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $70.00 price target.
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NTNX market cap is currently $14.26B and has a P/E ratio of -80.81.
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Nutanix (NTNX) Company Description:
Nutanix, Inc. engages in the provision of enterprise virtualization and storage solutions. It specializes in cloud operating system that converges traditional silos of server, virtualization, storage, and networking into one integrated solution and unifies private and public cloud into a single software fabric. Its products are offered through the Acropolis and Prism brands. The company was founded by Dheeraj Pandey, Ajeet Singh, and Mohit Aron in 2009 and is headquartered in San Jose, CA.
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