NEXTDC (ASX:NXT) share price tipped to charge 28% higher

Although the NEXTDC Ltd (ASX: NXT) share price is pushing higher today, it won’t be anywhere near enough to cancel out its year to date decline.

Since the start of the year, the data centre operator’s shares are down 15% to $10.52.

This is despite the company smashing expectations in the first half of FY 2021 and upgrading its guidance for the full year.

Is the weakness in the NEXTDC share price a buying opportunity?

One broker that believes this share price weakness is a buying opportunity for investors is Goldman Sachs.

The broker currently has a buy rating and $13.50 price target on the company’s shares.

Based on the latest NEXTDC share price, this implies potential upside of 28% over the next 12 months.

Why does Goldman…