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Analysts Offer Insights on Technology Companies: Nutanix (NTNX) and Nextdc Limited (OtherNXDCF)

Tipranks - 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 Nutanix (NTNX) and Nextdc Limited (NXDCF) with bullish sentiments.

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Nutanix (NTNX)

RBC Capital analyst Rishi Jaluria maintained a Buy rating on Nutanix today and set a price target of $55.00. The company’s shares closed last Tuesday at $39.50.

According to TipRanks.com, Jaluria has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.4% and a 48.2% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and ZoomInfo Technologies. ;'>

Nutanix has an analyst consensus of Moderate Buy, with a price target consensus of $57.50, 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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Nextdc Limited (NXDCF)

In a report released today, Jonathan Atkin from RBC Capital maintained a Buy rating on Nextdc Limited, with a price target of A$22.00. The company’s shares closed last Friday at $7.71.

Atkin has an average return of 17.9% when recommending Nextdc Limited. ;'>

According to TipRanks.com, Atkin is ranked #450 out of 12128 analysts.

Nextdc Limited has an analyst consensus of Strong Buy, with a price target consensus of $14.51, implying an 88.3% upside from current levels. In a report released today, UBS also maintained a Buy rating on the stock with a A$22.55 price target.

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