BMO Capital analyst Ameet Thakkar raised the firm’s price target on Nextracker (NXT) to $59 from $51 and keeps a Market Perform rating on the shares. The company reported a strong finish to its FY25 and the newly introduced FY26 financial guidance likely exceeded buyside expectations for revenue growth, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXT:
- Nextracker price target raised to $61 from $55 at Northland
- Nextracker price target raised to $70 from $55 at Roth Capital
- Nextracker downgraded to Equal-Weight from Outperform at Fox Advisors
- NEXTracker, Inc. Class A: Balancing Record Growth with International Expansion and Legislative Risks
- Nextracker price target raised to $60 from $51 at Mizuho
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue