Reported 3 days ago
BofA analyst Wamsi Mohan has reduced the price target for Nutanix, Inc. (NASDAQ:NTNX) from $95 to $93 while maintaining a Buy rating. The adjustment follows the company's strong fiscal Q4 results, which exceeded expectations, although a conservative outlook for fiscal year 2026 is anticipated. Despite the price target reduction, Nutanix has consistently surpassed operating margin guidance by a significant margin over the past three years.
Source: YAHOO