Guggenheim Initiates Coverage On NEXTracker with Buy Rating, Announces Price Target of $73
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Joseph Osha initiates coverage on NEXTracker (NASDAQ:NXT) with a Buy rating and a price target of $73.
February 08, 2024 | 12:44 pm
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Guggenheim analyst Joseph Osha initiates coverage on NEXTracker with a Buy rating and a price target of $73.
The initiation of coverage by a reputable analyst with a Buy rating and a specific price target typically generates positive sentiment around the stock, likely leading to an increase in its short-term price. The price target of $73 suggests a significant upside potential from the current trading price, assuming it is lower.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100