B of A Securities Maintains Buy on NEXTracker, Raises Price Target to $66
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 $64 to $66.
July 17, 2024 | 5:00 pm
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B of A Securities has reaffirmed its Buy rating on NEXTracker and increased the price target from $64 to $66, indicating confidence in the company's future performance.
The reaffirmation of the Buy rating and the increase in the price target by a reputable analyst suggests a positive outlook for NEXTracker. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100