Barclays lowered the firm’s price target on Nextracker to $58 from $60 and keeps an Overweight rating on the shares. Rising steel prices may provide some upside for Array (ARRY) but likely not for Nextracker (NXT), the analyst tells investors in a research note. The firm believes retaliatory tariffs have minimal direct impact, but could materialize in pushouts for both as developers re-run economics.
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