Roth Capital raised the firm’s price target on Nextracker (NXT) to $70 from $55 and keeps a Buy rating on the shares. The company delivered a strong Q4 beat with much higher-than-expected bookings and strong FY26 revenue guide, the analyst tells investors in a research note. The firm adds that the outlook is likely conservative and came in shy of buyside consensus, stating that it expects Nextracker share strength to continue.
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