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Analysts Offer Insights on Technology Companies: Strategy (MSTR) and Nutanix (NTNX)

Tipranks - Thu Apr 9, 6:26AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Strategy (MSTR) and Nutanix (NTNX) with bullish sentiments.

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Strategy (MSTR)

In a report released today, Gautam Chhugani from Bernstein maintained a Buy rating on Strategy, with a price target of $450.00. The company’s shares closed last Tuesday at $123.72, close to its 52-week low of $101.00.

According to TipRanks.com, Chhugani is a 5-star analyst with an average return of 30.6% and a 45.0% success rate. Chhugani covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, SharpLink Gaming, and Coinbase Global. ;'>

Strategy has an analyst consensus of Strong Buy, with a price target consensus of $284.17, representing a 126.8% upside. In a report released today, BTIG also maintained a Buy rating on the stock with a $250.00 price target.

See the top stocks recommended by analysts >>

Nutanix (NTNX)

In a report released today, James Fish from Piper Sandler reiterated a Buy rating on Nutanix, with a price target of $63.00. The company’s shares closed last Tuesday at $39.50.

According to TipRanks.com, Fish is a 4-star analyst with an average return of 6.2% and a 51.3% success rate. Fish covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, DigitalOcean Holdings, and Rubrik, Inc. Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nutanix with a $57.50 average price target, a 46.1% upside from current levels. In a report issued on April 1, Rosenblatt Securities also initiated coverage with a Buy rating on the stock with a $60.00 price target.

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