Jefferies analyst Julien Dumoulin-Smith raised the firm’s price target on Nextracker (NXT) to $104 from $84 and keeps a Buy rating on the shares. Nextracker beat elevated expectations with its “robust quarter,” says the analyst, who raised the firm’s FY27 and FY28 EBITDA estimates by 9% and 14%, respectively, and continues to see further long-term upside.
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Read More on NXT:
- Nextracker price target raised to $88 from $65 at TD Cowen
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