Wells Fargo Maintains Overweight on NEXTracker, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Praneeth Satish maintains an Overweight rating on NEXTracker (NASDAQ:NXT) but lowers the price target from $68 to $64.
May 15, 2024 | 12:25 pm
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NEUTRAL IMPACT
Wells Fargo maintains an Overweight rating on NEXTracker but lowers the price target from $68 to $64.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100