Barclays analyst Christine Cho raised the firm’s price target on Nextracker (NXT) to $69 from $64 and keeps an Overweight rating on the shares. The company raised fiscal 2026 guidance on all fronts after an across the board in Q1, the analyst tells investors in a research note.
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Read More on NXT:
- NEXTracker Earnings Call Highlights Robust Growth and Strategic Moves
- NEXTracker Earnings Call: Strong Growth Amid Challenges
- Northland downgrades Nextracker on anticipated increase in regulatory headwinds
- Balanced Outlook for NEXTracker, Inc.: Strong Market Position and Strategic Acquisitions Offset by Margin Concerns and Policy Uncertainties
- Nextracker downgraded to Market Perform from Outperform at Northland
