JP Morgan Maintains Overweight on NEXTracker, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains an Overweight rating on NEXTracker (NASDAQ:NXT) and raises the price target from $50 to $55.
July 27, 2023 | 2:14 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on NEXTracker and raises the price target from $50 to $55, which could lead to a positive market reaction.
The raised price target by JP Morgan indicates a positive outlook for NEXTracker. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100