Truist Securities Maintains Buy on NEXTracker, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy maintains a Buy rating on NEXTracker (NASDAQ:NXT) but lowers the price target from $70 to $65.
July 29, 2024 | 12:16 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on NEXTracker but lowers the price target from $70 to $65.
The Buy rating suggests continued confidence in NEXTracker's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100