JPMorgan raised the firm’s price target on Nextracker (NXT) to $77 from $69 and keeps an Overweight rating on the shares. The firm updated clean energy model and establishing December 2026 targets versus December 2025 previously.
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Read More on NXT:
- Unusually active option classes on open September 16th
- Strategic Acquisitions and Policy Alignment Propel NEXTracker’s Market Leadership
- NEXTracker Enters New Credit Agreement with PNC Bank
- Nextracker acquires Origami Solar in roughly $53M all-cash transaction
- Nextracker Inc put volume heavy and directionally bearish
