JP Morgan Maintains Overweight on NEXTracker, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has maintained an Overweight rating on NEXTracker (NASDAQ:NXT) but lowered the price target from $55 to $52.
October 19, 2023 | 7:10 pm
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JP Morgan has maintained an Overweight rating on NEXTracker but lowered the price target from $55 to $52.
The news is directly related to NEXTracker (NXT). While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100