Roth Capital raised the firm’s price target on Nextracker (NXT) to $80 from $70 and keeps a Buy rating on the shares. Roth sees the potential for a “healthy to strong” quarter of bookings, with recent checks suggesting activity has not waned, the analyst tells investors in a research note. Despite uncertainty for U.S. utility scale demand in 2028 and beyond, the firm expects Nextracker to execute well.
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