Nutanix price target raised to $69 from $68 at KeyBanc

KeyBanc raised the firm’s price target on Nutanix to $69 from $68 and keeps an Overweight rating on the shares, The firm cites the company’s beat/raise Q2 report, with its estimates moving marginally higher. Overall, the quarter remained in line with expectations and fundamentals appear to be firmly in place with Nutanix citing expanding deal sizes.