Jefferies analyst John DiFucci raised his price target for Nutanix to $49 from $42 saying he left yesterday's investor day more encouraged that the company's "technology foundation" will carry it through the "go-to-market issues of late." Nutanix shares can be "purchased here for the long haul," DiFucci tells investors in a research note. He points out Nutanix provided modified long-term guidance, updating the timing on its $3B in total software and support billings to calendar 2021 from fiscal 2021. This implies a two quarter delay from prior guidance and represents annual growth of 33% from 2018 billings, the analyst says.