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Needham & Company LLC Forecasts Strong Price Appreciation for Nutanix (NASDAQ:NTNX) Stock

Summary by MarketBeat
Needham & Company LLC lifted their price target on shares of Nutanix from $60.00 to $85.00 and gave the stock a "buy" rating in a research report on Thursday.

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Nutanix ended its fiscal year 2026 with a sharp acceleration. In the fourth quarter, closed at the end of July, the publisher of hybrid cloud solutions achieved a turnover of $757 million, up 16% over a year. A level higher than the consensus of analysts, which was set at about $738 million. The profit [...] The post Nutanix accelerates its growth and profitability in the fourth quarter appeared first on ChannelNews.

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ChannelNews broke the news on Wednesday, August 26, 2026.
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