Nutanix Inc (NTNX) Receives New Coverage from Analysts at Maxim Group
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.
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.
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