Nextracker Acquires Ojjo to Expand Utility-Scale Solar Tracker Foundations Business
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Citi Reiterates Neutral Rating on Nextracker Inc (NXT)
June 20, 2024 3:38 PM EDTCiti analyst Vikram Bagri reiterated a Neutral rating and $56.00 price target on Nextracker Inc (NASDAQ: NXT).
The analyst comments "This morning, NXT announced the acquisition of Ojjo for $119mm in cash. We think the move helps differentiate NXT on total installation cost. Specifically,... More
