Baird raised the firm’s price target on Nextracker (NXT) to $110 from $87 and keeps an Outperform rating on the shares. The firm updated its model following strong Q2 results and management tightened guidance ahead of the company’s Capital Markets Day.
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Read More on NXT:
- Nextracker price target raised to $120 from $100 at Roth Capital
- Nextracker price target raised to $93 from $89 at BMO Capital
- Nextracker price target raised to $99 from $88 at Deutsche Bank
- Balanced Outlook for NEXTracker, Inc. Amid Growth Opportunities and Uncertainties
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