Can Nutanix Sustain Its Turnaround?
Nutanix (NASDAQ: NTNX) has started making a comeback on the stock market in recent months, ever since investors got a hint of a turnaround in its fortunes following a terrific third-quarter earnings report. The cloud computing software specialist's recent moves have helped allay fears that the company's business could be in trouble because of competition from Cisco and Hewlett-Packard Enterprise.
Investors will be looking for confirmation that its turnaround is indeed on track when Nutanix releases its fiscal fourth-quarter results after the market closes on Aug. 31. Here's what investors will be looking for in the company's upcoming report.
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Source: Fool.com
Nutanix Inc. Stock
€46.68
2.140%
With 40 Buy predictions and not a single Sell prediction Nutanix Inc. is an absolute favorite of our community.
With a target price of 63 € there is a positive potential of 34.96% for Nutanix Inc. compared to the current price of 46.68 €.
