15-05-2025
Roth MKM Reaffirms Their Buy Rating on NEXTracker, Inc. Class A (NXT)
Roth MKM analyst Philip Shen reiterated a Buy rating on NEXTracker, Inc. Class A (NXT – Research Report) yesterday and set a price target of $70.00. The company's shares closed yesterday at $55.04.
Confident Investing Starts Here:
Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Shen covers the Technology sector, focusing on stocks such as First Solar, Array Technologies, and Daqo New Energy. According to TipRanks, Shen has an average return of 5.2% and a 39.87% success rate on recommended stocks.
In addition to Roth MKM, NEXTracker, Inc. Class A also received a Buy from RBC Capital's Chris Dendrinos in a report issued yesterday. However, on the same day, Guggenheim downgraded NEXTracker, Inc. Class A (NASDAQ: NXT) to a Hold.
