tiprankstipranks
Trending News
More News >

Nextracker price target raised to $60 from $51 at Mizuho

Mizuho analyst Maheep Mandloi raised the firm’s price target on Nextracker (NXT) to $60 from $51 and keeps an Outperform rating on the shares. Management continues its non-tracker investments with a target of one-third non-solar sales in next five years, the analyst tells investors in a research note. The firm says the company’s solar operations are doing well, with “yet another quarter of a beat and raise print, despite potential tariff challenges.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue