Goldman trims Nutanix price target to $60, cites software sector de-rating and adds M&A multiple
Goldman Sachs lowered its price target on Nutanix to $60 from $75 while retaining a Buy rating, attributing the change mainly to a broader software-sector de-rating and the inclusion of an M&A multiple in its valuation. The bank flagged possible near-term volatility ahead of Nutanix's fiscal second-quarter report on February 25 but said free cash f…