KeyBanc hailed the CEO successions in two significant companies citing different reasons. Pinterest, Inc announced that Co-founder and CEO Ben Silbermann would transition from his current role to the newly created Executive Chair position. Incoming CEO Bill Ready served as President of Commerce, Payments, and Next Billion Users at Alphabet Inc Google. Previously, Ready served as COO at PayPal Holdings, Inc….
Read How Analysts View Alphabet Post Q4, Stock Split
February 3, 2022
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Analysts bumped up price targets on Alphabet Inc following Q4 Beat and stock split. Alphabet stock split adds pressure on Amazon.com Inc to follow suit, said Morgan Stanley. JPMorgan ups Alphabet target but ‘not chasing the shares.’ Jefferies analyst Brent Thill raised the PT to $3,600 from $3,500 (30.5 percent upside) and reiterated a Buy. Thill said “another strong quarter at scale” that…
Here’s Why KeyBanc Sees 39 Percent Upside in Nutanix
KeyBanc analyst Thomas Blakey initiated coverage of Nutanix Inc. with an Overweight rating and a $39 price target, suggesting an upside of 38.74 Percent. The recent acceleration, new product cross-sell, and go-to-market partnerships have influenced his above-Street revenue and ACV billings outlook. Blakey further notes that he sees potential rerating with about 50 Percent of revenue from subs…
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