Nutanix Shares Fall After Downgrade From JPMorgan

MT Newswires Live

04/11

Nutanix's (NTNX) shares were down nearly 7% in Friday trading after JPMorgan downgraded the enterprise cloud software company's stock to neutral from overweight and adjusted its price target to $44 from $55.

Trading volume stood at over 3.1 million shares, versus the daily average of roughly 4.9 million.

Price: 34.51, Change: -2.43, Percent Change: -6.58

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