Wells Fargo raised the firm’s price target on Nextracker (NXT) to $109 from $72 and keeps an Overweight rating on the shares. The firm sees upside to consensus estimates tied to core tracker growth near-term and non-tracker growth long-term.
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Read More on NXT:
- Nextracker price target raised to $105 from $92 at Barclays
- Nextracker price target raised to $125 from $89 at Goldman Sachs
- NEXTracker, Inc. Reports Strong Growth and Positive Outlook
- Nextracker price target raised to $104 from $84 at Jefferies
- Nextracker price target raised to $88 from $65 at TD Cowen