This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
Guggenheim Sticks to Its Hold Rating for Nextpower Inc (NXT)
Guggenheim analyst reiterated a Hold rating on Nextpower Inc yesterday. The company’s shares closed yesterday at $131.21.
Memorial Day Sale – Claim 70% Off TipRanks
- Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis.
- Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
Nextpower Inc has an analyst consensus of Strong Buy, with a price target consensus of $147.07, implying a 12.09% upside from current levels. In a report released on May 14, Mizuho Securities also maintained a Hold rating on the stock with a $130.00 price target.
Based on Nextpower Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $880.52 million and a net profit of $150.6 million. In comparison, last year the company earned a revenue of $924.34 million and had a net profit of $156.79 million
Read More on NXT:
Disclaimer & DisclosureReport an Issue
- Contract Cancellations and Customer Flexibility Threaten Nextpower Inc.’s Revenue Visibility and Margins
- Nextpower Inc. Lifts Outlook After Robust Year
- Nextpower price target raised to $142 from $123 at Barclays
- NEXTracker, Inc. Class A (NXT) Q4 Earnings Cheat Sheet
- The Week That Was, The Week Ahead: Macro and Markets, May 17
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
