Shares of NextDecade (NASDAQ: NEXT) catapulted more than 53% by 10:30 a.m. EDT on Tuesday. Fueling the liquefied natural gas (LNG) stock was another analyst upgrade. That's its second one in the last two days, helping propel shares by more than 100% this week.
An analyst from Evercore ISI upgraded NextDecade from in-line to outperform. The analyst also boosted their price target from $3 per share to $9, implying more than 65% upside, even after today's rally.
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Why NextDecade Stock Is Skyrocketing Again Today