Analysts Lower Targets For NextDecade Corporation

Analysts lowered price targets for NextDecade Corporation in late February and early March: TD Cowen cut its target to $6 from $7 on March 5, while Morgan Stanley trimmed its target to $7 from $10 on February 24, both keeping neutral ratings. Firms cited weaker LNG pricing and potential global oversupply, though NextDecade’s Gulf Coast LNG projects and contract efforts support longer-term prospects.