Nextracker's Wild Ride: Analysts Boost Solar Stock

Nextracker's stock jumps as Susquehanna boosts its price target to $100, joining a chorus of bullish analysts from UBS, Goldman Sachs, and Deutsche Bank. Fueled by potential manufacturing tax credit benefits and anticipation for its upcoming Capital Markets Day, Nextracker's shares are up 117% YTD, turning a $1,000 IPO investment into nearly $2,800. Despite recent volatility, Nextracker remains a hot stock to watch.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.