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Nutanix (NASDAQ:NTNX) target price raised to $30.00, reported today by Jefferies

Nutanix (NASDAQ:NTNX) had its target price raised to $30.00 by Jefferies in a report released 8/17/2017. The new target price indicates a possible upside of 0.38% based on the company's last stock close price.

Previously on 7/14/2017, Goldman Sachs Group Inc reported about Nutanix (NASDAQ:NTNX) raised the target price from $0.00 to $31.00. At the time, this indicated a possible upside of 0.53%.

Yesterday Nutanix (NASDAQ:NTNX) traded 2.88% higher at $21.73. The company’s 50-day moving average is $21.40 and its 200-day moving average is $21.06. The last stock close price is up 6.16% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 1,529,874 shares of the stock were exchanged, down from an average trading volume of 4,013,310

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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.

About Nutanix (NASDAQ: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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