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Fly News Breaks for March 21, 2019
NTNX
Mar 21, 2019 | 08:08 EDT
Morgan Stanley analyst Katy Huberty said Nutanix management highlighted early positive signs of rebuilding the deal pipeline during the company's analyst day meeting, though investments in lead generation will take time to have an impact and the April quarter "will still be tough," she tells investors. Though she acknowledges execution remains a risk, Huberty looks to sales growth re-accelerating in the first half of 2020 and maintains an Overweight rating on Nutanix shares with a $53 price target following the analyst event.
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