Cantor Fitzgerald Maintains Overweight on NEXTracker, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Derek Soderberg has maintained an Overweight rating on NEXTracker (NASDAQ:NXT) and increased the price target from $52 to $62.
February 01, 2024 | 5:01 pm
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Cantor Fitzgerald analyst Derek Soderberg has reaffirmed an Overweight rating on NEXTracker and raised the price target from $52 to $62.
The increase in price target by a reputable analyst suggests a positive outlook on NEXTracker's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100