Where NEXTracker Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for NEXTracker (NASDAQ:NXT) within the last quarter, with a total of 2 bullish, 3 somewhat bullish, and 2 indifferent ratings. The average price target for NEXTracker is $49.29, indicating an upside from the current price of $41.725. This average price target has increased by 10.15% over the past month.
September 22, 2023 | 2:00 pm
News sentiment analysis
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POSITIVE IMPACT
Analysts have a mixed but overall positive sentiment towards NEXTracker, with an average price target indicating potential upside.
The article mentions that analysts have provided various ratings for NEXTracker, with a majority being bullish or somewhat bullish. This indicates a positive sentiment towards the stock. Furthermore, the average price target for the stock is higher than its current price, suggesting potential upside. This could have a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100