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Why NextDecade Stock Is Skyrocketing Again Today

TheMotleyFool 
0 0 08.06.21
Why NextDecade Stock Is Skyrocketing Again TodayPhoto, wide shot, wide-angle lens, Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png
 

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. 

Image source: Getty Images.

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Source Fool.com

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