BMO Capital Maintains Market Perform on NEXTracker, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ameet Thakkar maintains a Market Perform rating on NEXTracker (NASDAQ:NXT) but lowers the price target from $62 to $56.
May 15, 2024 | 12:53 pm
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BMO Capital analyst Ameet Thakkar maintains a Market Perform rating on NEXTracker but lowers the price target from $62 to $56.
The lowered price target from $62 to $56 suggests a less optimistic outlook for NEXTracker's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100