Nextpower price target raised to $140 from $133 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Nextpower (NXT) to $140 from $133 and keeps a Buy rating on the shares as part of a broader research note previewing Q1 results in Solar. The firm believes that Nextpower can build on its strong momentum, which saw orders exceeding $1B the past two quarters and with orders of above $900M representing another quarter of a book-to-bill above 1.0, the analyst tells investors in a research note. Goldman adds that it believes the company could provide some more granular details around its new business segments as well as expansion into international markets.