Nutanix Receives Buy Rating from UBS with $81 Price Target

Nutanix has received a Buy rating from UBS analyst Jeff Hickey, who has set a price target of $81 for the stock.

UBS believes that Nutanix has a significant opportunity to benefit from the disruption caused by VMware's acquisition, which could result in $400 million in revenue.

UBS also predicts that Nutanix's annual recurring revenue for fiscal 2027 will reach $3.1 billion, surpassing market expectations of $3.0 billion.

UBS highlights Nutanix's strong position in the hyper-converged infrastructure software market, which is expected to experience double-digit growth in the future.

UBS is confident in Nutanix's ability to effectively leverage market dynamics.

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