Citigroup Maintains Neutral on NEXTracker, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ryan Levine has maintained a Neutral rating on NEXTracker (NASDAQ:NXT) and increased the price target from $45 to $52.
January 31, 2024 | 8:44 pm
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Citigroup has maintained a Neutral rating on NEXTracker but raised its price target from $45 to $52, indicating a positive outlook on the stock's value.
The increase in price target from $45 to $52 by Citigroup suggests an improved valuation of NEXTracker, which could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100