Cantor Fitzgerald Reiterates Overweight on NEXTracker, Maintains $52 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Derek Soderberg has reiterated an Overweight rating on NEXTracker (NASDAQ:NXT) and maintained a $52 price target.
October 26, 2023 | 4:48 pm
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Cantor Fitzgerald has reiterated an Overweight rating on NEXTracker, maintaining a $52 price target.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates a positive outlook for NEXTracker. The maintained price target of $52 suggests that the analyst believes the stock is undervalued at current levels. This could potentially lead to an increase in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100