JP Morgan Maintains Overweight on NEXTracker, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains an Overweight rating on NEXTracker (NASDAQ:NXT) and raises the price target from $61 to $73.
February 01, 2024 | 2:28 pm
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POSITIVE IMPACT
JP Morgan analyst Mark Strouse maintains an Overweight rating on NEXTracker and raises the price target from $61 to $73.
The upgrade in price target by a reputable analyst like Mark Strouse from JP Morgan is a strong positive signal for NEXTracker. It suggests a bullish outlook on the stock's future performance, likely leading to increased investor confidence and potential upward movement in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100