Nutanix +2.8% after RBC positive comments ahead of earnings

• RBC mentions Nutanix (NASDAQ:NTNX) positively ahead of the Q4 report next Thursday. 
• Analyst Matthew Hedberg cites positive channel checks and sees upsides to revenue and billing estimates. But RBC thinks EPS guidance will likely come down given increased operating expenses to support growth.
• RBC maintains an Outperform rating and a $70 price target, a 31% upside to yesterday’s close. 
• Source: StreetAccount. 
• Nutanix shares are up 2.8% to $55.06.