Nutanix is trading 5.25% higher at $74.29 in pre-market on October 26, with Guggenheim’s coverage initiation a likely catalyst. - Guggenheim initiated coverage with a Buy rating and a $100 price target. - The firm cited Nutanix’s VMware-replacement opportunity and forecast revenue growth of 17%, versus 13% consensus. - Nutanix closed at $70.58 on October 23; early pre-market reports also linked modest gains to the analyst note.