Nutanix price target raised to $75 from $60 at Susquehanna

Susquehanna raised the firm’s price target on Nutanix to $75 from $60. The firm updated estimates to reflect the company’s most recent earnings report along with the financial targets offered during last year’s Analyst Day including larger deals that are in the pipeline are finally materializing, an acceleration of the company’s own renewals, and Increased traction with its GPT-in-a-Box offering.