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Fly News Breaks for October 18, 2016
VMW, NTNX
Oct 18, 2016 | 08:00 EDT
Maxim analyst Nehal Chokshi said Nutanix' (NTNX) infrastructure architecture is unique and particularly valued by its large enterprise customers. Additionally, the analyst said the firm's proprietary checks give confidence about the company's business at Dell, concluding that several factors make it so that it "effectively becomes technically impossible" for Dell to substitute in VMware's (VMW) vSAN and preclude end-customers' need for a solution from Nutanix. The analyst keeps a Buy rating and $40 price target on Nutanix shares.