Nextpower price target raised to $139 from $116 at Northland

Northland analyst Gus Richard raised the firm’s price target on Nextpower (NXT) to $139 from $116 and keeps an Outperform rating on the shares. The firm, which expects natural gas prices in the U.S. to increase over time due to globalization, rising electricity demand, and potential long-term impacts of the war in Iran, notes that roughly 70% of Nextpower revenue is from the U.S.