A statement released earlier today by RBC Capital Markets about Nutanix (NDAQ:NTNX) bumps the target price to $34.00

RBC Capital Markets upped the stock price target of Nutanix (NDAQ:NTNX) to $34.00 reporting a possible upside of 0.77%.

Previously on 6/29/2017, Credit Suisse Group reported about Nutanix (NDAQ:NTNX) raised the target price from $0.00 to $38.00 that indicated a possible upside of 0.92%.

Yesterday Nutanix (NDAQ:NTNX) traded -1.60% lower at $19.24. Nutanix’s 50-day moving average is $21.54 and its 200-day moving average is $20.83. With the last stock price close down 3.50% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same period. Volume of trade was down over the average, with 2,029,509 shares of NTNX changing hands under the typical 4,062,990

Performance Chart

Nutanix has a 52 week low of $14.38 and a 52 week high of $46.78 The company’s market cap is currently $0.

Brief Synopsis On Nutanix (NDAQ:NTNX)

Nutanix, Inc. is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas. Its solution consists of software product families, including Acropolis and Prism. Its solution is delivered on commodity x86 servers. Acropolis includes its Distributed Storage Fabric that delivers enterprise-grade data management features. Acropolis also includes a built-in hypervisor, and its Application Mobility Fabric that enables application placement, conversion and migration across various hypervisors, and between public and private clouds. Prism delivers integrated virtualization and infrastructure management, operational analytics and a suite of one-click administration capabilities.

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