RBC Capital raised the firm’s price target on Nextpower (NXT) to $96 from $93 and keeps an Outperform rating on the shares after its Capital Markets presentation. The company’s strategy involves capturing a larger share of wallet, and this does not stop at hardware, the analyst tells investors in a research note. Innovation in software and robotics are broadening the role Nextpower is playing as a longer-term partner in the management of a solar power plant, the firm added.
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