Piper Sandler Maintains Overweight on NEXTracker, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains an Overweight rating on NEXTracker (NASDAQ:NXT), with a reduced price target from $66 to $64.

April 11, 2024 | 12:24 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on NEXTracker, but lowers the price target from $66 to $64.
The adjustment in price target by Piper Sandler, while maintaining an Overweight rating, suggests a continued positive outlook on NEXTracker but with slightly moderated expectations. This could lead to a neutral short-term impact on the stock as the market digests the slight reduction in the price target against the backdrop of an overall positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100