NTNX Maintained by Needham -- Price Target Raised to $90.00

gurufocus.com · 2026-09-28

On October 03, 2023, Nutanix (NTNX) received a 'Buy' rating from Needham's analyst, Matthew Calitri, who raised the price target from $85.00 to $90.00. This adj

TickrTrends take: Needham's price target raise to $90 reflects analyst confidence in Nutanix's business fundamentals, which aligns with TickrTrends' undervalued assessment of the Technology sector company. For valuation-focused investors, this analyst action provides external validation worth monitoring alongside NTNX's execution on revenue growth and profitability improvements that would justify closing any gap between current market price and the $90 target. The maintained rating suggests the analyst sees sustainable value rather than a speculative spike, making tracking of quarterly results and guidance particularly relevant to confirming whether the undervaluation thesis holds.

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