Truist Securities Maintains Buy on NEXTracker, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on NEXTracker and raised its price target from $50 to $54, indicating confidence in the company's future performance.
November 01, 2024 | 10:10 am
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Truist Securities has reaffirmed its Buy rating on NEXTracker and increased the price target from $50 to $54, suggesting a positive outlook for the company's stock.
The increase in price target from $50 to $54 by Truist Securities indicates a positive sentiment and confidence in NEXTracker's future performance. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100