FLEX REPORTS THIRD QUARTER FISCAL 2025 RESULTS

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BofA on Flextronics (FLEX): 'we expect revenue growth in FY26 to primarily be driven by the data center business'

January 31, 2025 10:09 AM EST

BofA Securities analyst Ruplu Bhattacharya raised the price target on Flextronics (NASDAQ: FLEX) to $48.00 (from $45.00) while maintaining a Buy rating.

The analyst comments "FLEX reported strong 45% y/y growth in its data center business (compute and power) in F3Q, and guided for similar growth for F4Q25. F25 revenue/EPS guidance mid-points are now... More

Nextracker Inc (NXT) PT Raised to $62 at Guggenheim

January 29, 2025 8:45 AM EST

Guggenheim analyst Joseph Osha raised the price target on Nextracker Inc (NASDAQ: NXT) to $62.00 (from $50.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy recommendation and raise our price target from $50 to $62 following the release of NXT's December quarter earnings... More

Nextracker Inc (NXT) PT Raised to $51 at Mizuho

January 29, 2025 8:39 AM EST

Mizuho analyst Maheep Mandloi raised the price target on Nextracker Inc (NASDAQ: NXT) to $51.00 (from $46.00) while maintaining a Outperform rating.

The analyst comments "Nextracker reported solid results last night after the close, beating our estimate for revenue and gross margin, and increased... More

Jefferies Upgrades Nextracker Inc (NXT) to Buy

January 29, 2025 8:25 AM EST

Jefferies analyst Julian Dumoulin-Smith upgraded Nextracker Inc (NASDAQ: NXT) from Hold to Buy with a price target of $56.00 (from $46.00).

The analyst comments "We upgrade NXT to a Buy as the company does not cease to impress us. Our initial concern around... More