Barclays Maintains Equal-Weight on NEXTracker, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho maintains an Equal-Weight rating on NEXTracker (NASDAQ:NXT) but lowers the price target from $61 to $47.
October 03, 2024 | 3:38 pm
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Barclays analyst Christine Cho has maintained an Equal-Weight rating on NEXTracker but has lowered the price target from $61 to $47, indicating a less optimistic outlook.
The lowering of the price target from $61 to $47 by Barclays suggests a less optimistic view on NEXTracker's future performance, which could lead to a negative short-term impact on the stock price.
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