UBS analyst Jon Windham raised the firm’s price target on Nextpower (NXT) to $140 from $125 and keeps a Buy rating on the shares. Nextpower is a top-pick in the clean energy sector underpinned by its ability to leverage its solar tracker market share leadership and strong customer relationships to expand the product offering and transform into a diversified electric hardware supplier, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXT:
- Nextpower price target raised to $125 from $110 at JPMorgan
- Nextpower price target raised to $130 from $120 at Roth Capital
- Nextpower price target raised to $127 from $109 at Wells Fargo
- Nextpower upgraded to Overweight from Sector Weight at KeyBanc
- Closing Bell Movers: Texas Instruments up 8%, F5 up 11% on earnings