B of A Securities Maintains Buy on NEXTracker, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Dimple Gosa maintains a Buy rating on NEXTracker (NASDAQ:NXT) and raises the price target from $53 to $60.
April 10, 2024 | 11:54 am
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on NEXTracker and raises the price target from $53 to $60.
The upgrade in price target by a reputable analyst like Dimple Gosa from B of A Securities typically signals a strong confidence in the company's future performance. This can lead to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100