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Analysts Conflicted on These Technology Names: Dell Technologies (DELL) and Nutanix (NTNX)

Tipranks - Tipranks - Thu Apr 9, 5:54AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Dell Technologies (DELL) and Nutanix (NTNX).

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Dell Technologies (DELL)

Bank of America Securities analyst Wamsi Mohan reiterated a Buy rating on Dell Technologies today and set a price target of $205.00. The company’s shares closed last Tuesday at $177.69, close to its 52-week high of $179.70.

According to TipRanks.com, Mohan is a top 100 analyst with an average return of 29.4% and a 61.8% success rate. Mohan covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and DigitalOcean Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dell Technologies with a $177.69 average price target, representing a 3.2% upside. In a report issued on March 24, TipRanks – OpenAI also upgraded the stock to Buy with a $181.00 price target.

See the top stocks recommended by analysts >>

Nutanix (NTNX)

William Blair analyst Jason Ader maintained a Hold rating on Nutanix today. The company’s shares closed last Tuesday at $39.50.

According to TipRanks.com, Ader is a 1-star analyst with an average return of -2.1% and a 41.0% success rate. Ader covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Rubrik, Inc. Class A, and CommVault Systems. ;'>

Currently, the analyst consensus on Nutanix is a Moderate Buy with an average price target of $57.00, which is a 44.9% upside from current levels. In a report released today, TipRanks – xAI also reiterated a Hold rating on the stock with a $42.00 price target.

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