03-11-2019, 10:16 PM
Jefferies upgrades Nutanix (NASDAQ:NTNX) from Hold to Buy on an improved risk-reward balance after the over 30% pullback following last month's earnings report. Analyst John DiFucci highlights the company's "extremely sticky" core products. The analyst notes that some risks including macro competition remain but expects NTNX to continue expanding its footprint with existing customers while growing into new products.
Jefferies ups Nutanix on improved valuation - Nutanix, Inc. (NASDAQ:NTNX) | Seeking Alpha