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Nextpower price target raised to $127 from $109 at Wells Fargo

Wells Fargo raised the firm’s price target on Nextpower (NXT) to $127 from $109 and keeps an Overweight rating on the shares following the company’s Q3 beat and raised FY2026 guidance. Management noted that Q3 bookings were the strongest in a long time. Wells now projects Nextpower to generate $4B of revenue in FY2027, and it says the stock remains a top pick.

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