What 10 Analyst Ratings Have To Say About NEXTracker
Portfolio Pulse from Benzinga Insights
NEXTracker (NASDAQ:NXT) has received a total of 10 analyst ratings in the last quarter, with 8 being bullish or somewhat bullish, and 2 being indifferent. The average 12-month price target for the stock is $48.8, an increase of 5.63% from the previous average of $46.20.
October 16, 2023 | 9:01 pm
News sentiment analysis
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POSITIVE IMPACT
NEXTracker has received mostly bullish ratings from analysts, which could positively impact its stock price. The increased average price target also suggests potential upside.
Analyst ratings often influence investor sentiment and can impact a stock's price. The majority of ratings for NEXTracker are bullish, which could lead to increased investor interest and a potential rise in the stock's price. The increased average price target also suggests that analysts see potential for the stock's price to increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100