** Citi lowers its price target for shares of NEXTDC NXT.AX by 2% to A$18.35, maintains "buy" rating
** Brokerage lowers FY26 EDITDA forecasts for data centre developer by 6%; increases cost growth assumptions to reflect recent contract wins
** Maintains "buy", bullish on demand outlook while expecting record year in FY26
** All 14 analysts rated stock "buy" or higher; their median PT is A$19.40, per LSEG-compiled data
** YTD, shares down 8.3% at A$13.82 as of last close
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))
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