NewZ NewZ with a Zeal
During the last three months, 15 analysts shared their evaluations of NEXTracker (NASDAQ:NXT), revealing diverse outlooks from bullish to bearish.The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.BullishSomewhat BullishIndifferentSomewhat BearishBearishTotal Ratings57300Last 30D010001M Ago000002M Ago551003M Ago01200Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $56.07, a high estimate of $69.00, and a low estimate of $41.00. This upward trend is evident, with the current average reflecting a 6.88% increase from the previous average price target of $52.46.Analyzing Analyst Ratings: A Detailed BreakdownThe analysis of recent analyst actions sheds light on the perception of NEXTracker by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.AnalystAnalyst FirmAction TakenRatingCurrent Price TargetPrior Price TargetChristopher DendrinosRBC CapitalAnnouncesOutperform$55.00-Julien Dumoulin-SmithJefferiesRaisesBuy$56.00$46.00Ameet ThakkarBMO CapitalRaisesMarket Perform$50.00$48.00Brian LeeGoldman SachsRaisesBuy$61.00$54.00Joseph OshaGuggenheimRaisesBuy$62.00$50.00Biju PerincherilSusquehannaRaisesPositive$54.00$50.00Jon WindhamUBSRaisesBuy$66.00$60.00Kashy HarrisonPiper SandlerRaisesOverweight$50.00$47.00Jordan LevyTruist SecuritiesRaisesBuy$56.00$54.00Mark StrouseJP MorganRaisesOverweight$61.00$58.00Gus RichardNorthland Capital MarketsRaisesOutperform$55.00$48.00Christine ChoBarclaysRaisesOverweight$60.00$47.00Praneeth SatishWells FargoLowersOverweight$69.00$70.00Ryan LevineCitigroupLowersNeutral$45.00$50.00Jeff OsborneTD CowenAnnouncesHold$41.00-Key Insights:Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether …Full story available on Benzinga.com
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