Piper Sandler analyst Kashy Harrison raised the firm’s price target on Nextracker to $66 from $63 and keeps an Overweight rating on the shares. The firm also raised its long-term international growth assumptions, which was partially offset by an assumption of more subdued long-term margins.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on NXT:
- Nextracker price target lowered to $67 from $73 at JPMorgan
- Nextracker Inc put volume heavy and directionally bearish
- Guggenheim starts Nextracker with a Buy, citing improvements in business
- Nextracker initiated with a Buy at Guggenheim
- A New Cause for Concern: NEXTracker, Inc. Class A Adds a New Corporate Activity and Growth Risk
