Nutanix price target raised to $90 from $85 at Susquehanna

Susquehanna analyst Brad Reback raised the firm’s price target on Nutanix (NTNX) to $90 from $85 and keeps a Positive rating on the shares. The firm said its Jan-Q report exceeded expectations on all fronts, with Apr-Q guidance coming in better than the consensus. The company continues to make significant strides via the land and expand strategy.