Truist Securities Maintains Buy on NEXTracker, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy maintains a 'Buy' rating on NEXTracker (NASDAQ:NXT) and raises the price target from $50 to $52.
October 27, 2023 | 3:25 pm
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Truist Securities maintains a 'Buy' rating on NEXTracker and raises the price target from $50 to $52. This could potentially lead to an increase in the stock's price.
The 'Buy' rating maintained by Truist Securities indicates a positive outlook for NEXTracker. The increase in the price target from $50 to $52 suggests that the analyst believes the stock has potential for further growth. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100