NTNX is trading at $47.00 (5.2% up) following a fresh analyst call and a recovery from recent price weakness.
- Rosenblatt reiterated its Buy rating with a $60 price target, noting that the stock is rebounding after a selloff tied to Nutanix’s recent share sale to AMD.
- Broader tech sector strength is providing additional support, as major indices trade higher and risk appetite for growth stocks remains solid.