UnitedHealth, Cisco and Nutanix price targets raised on earnings impact
5On 28, analysts raised their price targets for UnitedHealth, Cisco and Nutanix. Bernstein, BofA and RBC Capital each raised their targets based on earnings trends, 3quarterly results and solid earnings.
In U.S. local time, 5 on 28, several analysts raised their price targets for UnitedHealth, Cisco and Nutanix. Bernstein raised its price target for UnitedHealth, citing the outlook for an EPS recovery. According to the article, the analyst said the change reflected an improvement in the company’s earnings trend.
Bank of America raised its price target for Cisco, reflecting the company’s 3quarterly earnings announcement. Cisco reported its 3quarterly results, and the analyst adjusted the target based on those results. The report cited earnings items as reasons for the target change.
RBC Capital raised its price target for Nutanix, describing the company’s earnings as “solid.” The earnings metrics reported by Nutanix were cited as the basis for the increase. The research report said the target was recalculated based on the earnings figures.
All three cases note that analysts’ price target changes are linked to earnings announcements. The upward revisions for each stock are described as reflecting the respective company’s earnings trends. Investors should check future filings and further announcements.
The companies involved are UnitedHealth (UNH), Cisco (CSCO), and Nutanix (NTNX). Analysts who raised their targets include Bernstein, Bank of America, and RBC Capital. For additional details and official materials, please consult each company’s filings.
Sources: Yahoo Finance,Investing.com News
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.