Here’s Why KeyBanc Sees 39 Percent Upside in Nutanix

Headquarter of the American cloud computing software company Nutanix Inc. in North San Jose, Calif., in February 2021. Google Maps/Screenshot via The Epoch Times

KeyBanc analyst Thomas Blakey initiated coverage of Nutanix Inc. with an Overweight rating and a $39 price target, suggesting an upside of 38.74 Percent.

The recent acceleration, new product cross-sell, and go-to-market partnerships have influenced his above-Street revenue and ACV billings outlook.