Nutanix (NTNX) Tops Q3 EPS by 3c; Sales Beat

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Go back to Nutanix (NTNX) Tops Q3 EPS by 3c; Sales Beat

Nutanix (NTNX) PT Lowered to $27 at Piper Jaffray; 'Beat and Raise' Back in Full Swing

May 26, 2017 7:58 AM EDT

Piper Jaffray lowered its price target on Nutanix (NASDAQ: NTNX) to $27.00 (from $36.00) while maintaining a Overweight rating following modest upside in Q3 and revenue guidance significantly above consensus.

Analyst Andrew Nowinski noted that management highlighted that backlog was up substantially and large deal... More