TD Cowen analyst Jeff Osborne raised the firm’s price target on Nextracker (NXT) to $88 from $65 and keeps a Hold rating on the shares. The firm said they posted an impressive quarter and backlog growth with FY26 guide raised slightly with 2H26 margin pressure expected.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXT:
- Nextracker price target raised to $110 from $87 at Baird
- Nextracker price target raised to $120 from $100 at Roth Capital
- Nextracker price target raised to $93 from $89 at BMO Capital
- Nextracker price target raised to $99 from $88 at Deutsche Bank
- Balanced Outlook for NEXTracker, Inc. Amid Growth Opportunities and Uncertainties