Equities research analysts at Maxim Group began coverage on shares of Nutanix Inc (NASDAQ:NTNX) in a research note issued on Friday. The brokerage set a “buy” rating and a $40.00 price target on the stock.

Shares of Nutanix (NASDAQ:NTNX) traded up 108.12% during mid-day trading on Friday, hitting $33.30. The company’s stock had a trading volume of 16,327,917 shares. The stock’s 50 day moving average price is $0.00 and its 200 day moving average price is $0.00. Nutanix has a 52-week low of $26.10 and a 52-week high of $34.26.

About Nutanix

Nutanix, Inc (Nutanix) provides an enterprise cloud platform that converges silos of server, virtualization and storage into one integrated solution and connects to public cloud services. The Company’s software-driven platform delivers the scalability and pay-as-you-grow economics of the public cloud, while addressing enterprise requirements of application mobility, security, data integrity and control.

5 Day Chart for NASDAQ:NTNX

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