Jefferies Initiates Coverage On NEXTracker with Hold Rating, Announces Price Target of $46
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on NEXTracker with a Hold rating and set a price target of $46.
September 04, 2024 | 3:15 pm
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NEUTRAL IMPACT
Jefferies has initiated coverage on NEXTracker with a Hold rating and a price target of $46, indicating a neutral stance on the stock.
The Hold rating suggests that Jefferies sees limited upside in the short term, aligning with the $46 price target. This neutral stance is likely to result in minimal immediate impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100