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Nutanix, Inc. (NTNX) Reaches $56.75 After 4.00% Down Move; 6 Bullish Analysts Covering NeoPhotonics (NPTN)

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Among 11 analysts covering NeoPhotonics (NYSE:NPTN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. NeoPhotonics had 35 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of NeoPhotonics Corporation (NYSE:NPTN) has “Buy” rating given on Friday, March 2 by Northland Capital. As per Tuesday, August 18, the company rating was initiated by Northland Capital. The stock has “Buy” rating by Northland Capital on Monday, March 19. As per Tuesday, November 7, the company rating was maintained by B. Riley & Co. The stock of NeoPhotonics Corporation (NYSE:NPTN) earned “Outperform” rating by Raymond James on Friday, November 6. B. Riley & Co downgraded NeoPhotonics Corporation (NYSE:NPTN) rating on Friday, August 7. B. Riley & Co has “Neutral” rating and $8.75 target. Needham maintained NeoPhotonics Corporation (NYSE:NPTN) on Wednesday, March 15 with “Strong Buy” rating. The firm earned “Buy” rating on Friday, March 9 by Rosenblatt. The stock of NeoPhotonics Corporation (NYSE:NPTN) has “Buy” rating given on Thursday, May 25 by Rosenblatt. The stock of NeoPhotonics Corporation (NYSE:NPTN) has “Mkt Perform” rating given on Thursday, October 5 by Raymond James. See NeoPhotonics Corporation (NYSE:NPTN) latest ratings:

09/05/2018 Broker: FBR Capital Old Rating: Neutral New Rating: Neutral Old Target: $5.75 New Target: $6.5 Maintain
19/03/2018 Broker: Northland Capital Rating: Buy New Target: $10.5 Maintain
09/03/2018 Broker: Rosenblatt Rating: Buy New Target: $13.0 Maintain
02/03/2018 Broker: Northland Capital Rating: Buy New Target: $9.0 Maintain
02/03/2018 Broker: Cowen & Co Rating: Buy New Target: $11.0 Maintain
02/03/2018 Broker: Needham Rating: Buy New Target: $9.0 Maintain
29/01/2018 Broker: PiperJaffray Old Rating: Overweight New Rating: Neutral Downgrade

The stock of Nutanix, Inc. (NASDAQ:NTNX) is a huge mover today! The stock decreased 2.56% or $1.49 during the last trading session, reaching $56.75. About 1.86 million shares traded. Nutanix, Inc. (NASDAQ:NTNX) has risen 139.43% since May 21, 2017 and is uptrending. It has outperformed by 127.88% the S&P500.The move comes after 9 months negative chart setup for the $9.33B company. It was reported on May, 21 by Barchart.com. We have $54.48 PT which if reached, will make NASDAQ:NTNX worth $373.00 million less.

Investors sentiment decreased to 0.84 in Q4 2017. Its down 0.52, from 1.36 in 2017Q3. It fall, as 15 investors sold NeoPhotonics Corporation shares while 30 reduced holdings. 12 funds opened positions while 26 raised stakes. 27.37 million shares or 5.69% less from 29.02 million shares in 2017Q3 were reported. Grp Inc One Trading Limited Partnership invested in 131,966 shares or 0.01% of the stock. Northpointe Ltd holds 1.24 million shares. State Street holds 558,007 shares. Jpmorgan Chase Com invested in 0% or 9,859 shares. Granite Point Capital Management L P stated it has 388,000 shares or 0.25% of all its holdings. 102,262 are held by Goldman Sachs. Blackrock owns 2.02M shares. 44,800 were reported by Alliancebernstein Limited Partnership. Aqr Capital Mngmt holds 14,843 shares. Awm has invested 2.99% in NeoPhotonics Corporation (NYSE:NPTN). Schwab Charles holds 133,934 shares or 0% of its portfolio. Fisher Asset Limited Company accumulated 0% or 400,515 shares. The Massachusetts-based Boston Ptnrs has invested 0% in NeoPhotonics Corporation (NYSE:NPTN). Kennedy Management invested in 689,622 shares or 0.08% of the stock. Northern Trust Corp holds 362,053 shares.

More important recent NeoPhotonics Corporation (NYSE:NPTN) news were published by: Seekingalpha.com which released: “NeoPhotonics: Be Careful” on May 13, 2018, also Streetinsider.com published article titled: “NeoPhotonics (NPTN) Gains as Analyst Says More Consolidation Likely in Optical Space Following LITE/OCLR S-4 …”, Streetinsider.com published: “Craig Hallum Believes Finisar (FNSR) Made Offer for Oclaro (OCLR) and Oclaro Made Offer for NeoPhotonics (NPTN)” on May 21, 2018. More interesting news about NeoPhotonics Corporation (NYSE:NPTN) was released by: Seekingalpha.com and their article: “NeoPhotonics’ (NPTN) CEO Tim Jenks on Q1 2018 Results – Earnings Call Transcript” with publication date: May 09, 2018.

NeoPhotonics Corporation develops, manufactures, and sells hybrid photonic integrated optoelectronic products that transmit, receive, and switch high speed digital optical signals for communications networks. The company has market cap of $288.52 million. It offers high speed products, including transmitter, receiver, and switching products for 100G and optical transmission applications over distances of 2 to 2,000 kilometers; and optical components for coherent systems, including narrow linewidth tunable transmit and local oscillator lasers (NLW-ITLA) that generates ultra-pure wavelength or color for coherent transmission, as well as integrated coherent receivers (ICRs), which decodes the phase and polarization encoded coherent signals. It currently has negative earnings. The firm also engages in developing pluggable coherent modules that combine NLW-ITLA with ICR and a coherent modulator; and offers 100G products for the client side and datacenter applications.

The stock decreased 0.38% or $0.025 during the last trading session, reaching $6.475. About 1.84 million shares traded or 61.91% up from the average. NeoPhotonics Corporation (NYSE:NPTN) has declined 34.12% since May 21, 2017 and is downtrending. It has underperformed by 45.67% the S&P500.

Nutanix, Inc., together with its subsidiaries, provides an enterprise cloud operating system in North America, Europe, the Asia-Pacific, the Middle East, Latin America, and Africa. The company has market cap of $9.33 billion. The Company’s cloud operating system converges traditional silos of server, virtualization, storage, and networking into one integrated solution; and unifies private and public cloud into a single software fabric. It currently has negative earnings. The companyÂ’s software products include Acropolis, which comprises Distributed Storage Fabric that replaces traditional storage arrays and delivers enterprise-grade data management across a range of storage protocols to support various enterprise applications, including virtualized and non-virtualized applications; and Application Mobility Fabric that enables enhanced levels of application placement, conversion, and migration across various hypervisors and public clouds.

More news for Nutanix, Inc. (NASDAQ:NTNX) were recently published by: Benzinga.com, which released: “The Week Ahead: Target, Best Buy Help Close Out Earnings Season” on May 21, 2018. Nasdaq.com‘s article titled: “Firsthand Technology Value Fund Discloses Top Portfolio Holdings” and published on May 17, 2018 is yet another important article.

Among 13 analysts covering Nutanix (NASDAQ:NTNX), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Nutanix had 13 analyst reports since October 25, 2016 according to SRatingsIntel. Credit Suisse initiated the shares of NTNX in report on Tuesday, October 25 with “Outperform” rating. The company was initiated on Tuesday, October 25 by RBC Capital Markets. The rating was initiated by Raymond James on Tuesday, October 25 with “Mkt Perform”. Stifel Nicolaus initiated the stock with “Hold” rating in Tuesday, October 25 report. The firm has “Neutral” rating given on Tuesday, October 25 by Goldman Sachs. On Tuesday, October 25 the stock rating was initiated by JP Morgan with “Neutral”. The stock has “Outperform” rating by Robert W. Baird on Tuesday, October 25. The firm earned “Sector Perform” rating on Wednesday, January 11 by FBN Securities. As per Tuesday, October 25, the company rating was initiated by Morgan Stanley. Needham initiated the shares of NTNX in report on Tuesday, October 25 with “Buy” rating.

Analysts await Nutanix, Inc. (NASDAQ:NTNX) to report earnings on May, 24 after the close. They expect $-0.44 EPS, up 42.86% or $0.33 from last year’s $-0.77 per share. After $-0.40 actual EPS reported by Nutanix, Inc. for the previous quarter, Wall Street now forecasts 10.00% negative EPS growth.

NeoPhotonics Corporation (NYSE:NPTN) Institutional Positions Chart

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