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Fly News Breaks for November 26, 2019
NTNX
Nov 26, 2019 | 06:13 EDT
Piper Jaffray analyst James Fish raised his price target for Nutanix to $35 from $29 saying the company's fiscal Q1 upside was driven by the term-license transition, and its Q2 guide came in above expectations "despite fears of another guide-miss." The stock is up 20% post-earnings given the weak sentiment heading into the print, Fish tells investors in a research note titled "Making a Compelling Case for 'Comeback Player of the Year' in Infrastructure SW." The analyst keeps a Neutral rating on Nutanix shares.
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