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Fly News Breaks for March 13, 2018
NTNX
Mar 13, 2018 | 07:34 EDT
Oppenheimer analyst Ittai Kidron raised his price target on Nutanix to $65 from $43 following the company's investor day in New York. In a research note to investors, Kidron called Nutanix a "2018 Top Pick," and that he came away from the investor day event "impressed" with the company's positioning, vision -- which he called "very ambitious yet differentiated -- and market opportunity potential. Even with the strong move in the shares, the analyst sees further multiple expansion and plenty of upside ahead.
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