Brokerages slash Nutanix targets to $65-$75 while consensus remains at $71.07
Nutanix has a Moderate Buy consensus from 19 analysts with a 12-month price target of $71.07, while RBC, Bank of America, Goldman Sachs and KeyCorp cut targets to $65-$75. Shares fell 6% after Q2 revenue of $670.6 million missed estimates by 1% and EPS matched at $0.41.
Related News
ELF
e.l.f. Beauty Marks 29th Consecutive Sales Growth, Reinvests $58.5M Tariff Refunds
ELF•
SONM
DNA X nets $6.3 million in Q1 from $15 million asset sale, repays debt
SONM•
AMD
Chip Rally Boosts AMD as Nvidia Forecasts $91B Sales and $80B Buybacks
AMD•
NVDA
Nvidia Projects $20 Billion in CPU Sales Within $200 Billion Market
NVDA•
META
Meta Secures Tens of Thousands MWh Storage Deals, Cuts 10% Workforce
META•
Sources
SD