Mizuho Securities Starts Nextracker Inc (NXT) at Buy
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Wall Street analysts bullish on Nextracker (NXT) following IPO
March 6, 2023 8:46 AM ESTWall Street analysts are bullish on Nextracker (NASDAQ: NXT), with the stock initiated with Buy ratings by most firms on Monday following its February 9 IPO.
Truist analyst Jordan Levy initiated the solar stock with a Buy rating and $40 price target, telling investors in a note that they see NXT shares "further appreciating toward broader solar-peer avg. multiples" as the company "benefits from accelerated growth in utility-scale solar."
"Further, we see upside... More
Truist Securities Starts Nextracker Inc (NXT) at Buy
March 6, 2023 6:52 AM ESTTruist Securities analyst Jordan Levy initiates coverage on Nextracker Inc (NASDAQ: NXT) with a Buy rating and a price target of $40.00.
The analyst comments "Proven Track Record in Attractive Market: Since its founding in 2013, the NXT's mgmt have grown the company to its current... More
Citi Starts Nextracker Inc (NXT) at Neutral
March 6, 2023 4:14 AM ESTCiti analyst Ryan Levine initiates coverage on Nextracker Inc (NASDAQ: NXT) with a Neutral rating and a price target of $36.00.
The analyst comments "NXT is global leader in the rapidly growing solar tracker market, with a strong balance sheet, management team, patent... More
Barclays Starts Nextracker Inc (NXT) at Overweight
March 6, 2023 3:16 AM EST(Updated - March 6, 2023 5:58 AM EST)
Barclays analyst Christine Cho initiates coverage on Nextracker Inc (NASDAQ: NXT) with a Overweight rating and a price target of $42.00.
The analyst comments "NXT is well positioned with a superior tracker product and customer service offering, a... More
JPMorgan Starts Nextracker Inc (NXT) at Overweight
March 6, 2023 2:41 AM EST(Updated - March 6, 2023 5:58 AM EST)
JPMorgan analyst Mark Strouse initiates coverage on Nextracker Inc (NASDAQ: NXT) with a Overweight rating and a price target of $42.00.
The analyst comments "We are initiating coverage of Nextracker with an Overweight rating and a Dec... More
KeyBanc Starts Nextracker Inc (NXT) at Sector Weight
March 6, 2023 2:13 AM ESTKeyBanc analyst Sophie Karp initiates coverage on Nextracker Inc (NASDAQ: NXT) with a Sector Weight rating.
For an analyst ratings summary and ratings history on Nextracker Inc click here. For more ratings news on Nextracker Inc click here.
Shares of Nextracker Inc closed at $33.35 yesterday.
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