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NEXT - NextDecade: Positive Developments Seem Priced In
June, 16 2024 10:27 AM
NextDecade Corporation
2024-06-16 10:27:47 ET
Summary NextDecade Corporation's share price has risen 63% YTD due to positive developments, but most are already priced in, leading to a neutral rating. The company's main project, Rio Grande LNG, is making progress with long-term LNG sale agreements, but patience is required for investment. NextDecade's focus on eco-friendly LNG production could set a new standard in the industry, making it a potential future cash cow. Shares are a hold with price target of $8.
Investment Thesis For further details see:
NextDecade: Positive Developments Seem Priced In
Stock Information
Company Name:
NextDecade Corporation
Stock Symbol:
NEXT
Market:
NASDAQ
Website:
next-decade.com
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