Citigroup Assumes NEXTracker at Neutral, Announces Price Target of $42
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Ryan Levine has assumed NEXTracker (NASDAQ:NXT) with a Neutral rating and set a price target of $42.

July 19, 2023 | 3:48 pm
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NEUTRAL IMPACT
Citigroup has assumed NEXTracker with a Neutral rating and a price target of $42, which may influence the stock's performance.
The neutral rating from Citigroup indicates that they expect NEXTracker's stock to perform in line with the market or sector average. The price target of $42 provides a reference point for investors, which could influence trading behavior and potentially the stock price. However, the impact is not necessarily positive or negative, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100