Nutanix Benefits From Future Cloud Migrations in the Enterprise Sector – KeyBanc Upgrades to $95!

Nutanix (NTNX) supports companies in running their AI workloads in multi-cloud environments and is expected to benefit from future cloud migrations in the enterprise sector, according to KeyBanc analysts. On June 25, the experts set a price target of $95 (Overweight), as the competitive landscape is expected to develop in favor of Nutanix over the next two to three years. A consistent execution of management strategies and margin improvements should also justify a higher valuation. Market share gains by VMware continue, with 620 new customers acquired...