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Nutanix (NTNX) Receives a Buy from Rosenblatt Securities

Tipranks - Tipranks - Thu Apr 2, 6:42PM CDT

Nutanix received a Buy rating and a $60.00 price target from Rosenblatt Securities analyst Blair Abernethy today.

End of Quarter Sale - 50% Off TipRanks

According to TipRanks, Abernethy is a 4-star analyst with an average return of 4.6% and a 54.38% success rate. Abernethy covers the Technology sector, focusing on stocks such as Snowflake, Cadence Design, and PDF Solutions.

Nutanix has an analyst consensus of Moderate Buy, with a price target consensus of $57.00.

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Based on Nutanix’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $722.83 million and a net profit of $103.02 million. In comparison, last year the company earned a revenue of $654.72 million and had a net profit of $56.43 million

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