B. Riley Securities Maintains Buy on Sunnova Energy Intl, Lowers Price Target to $27
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Christopher Souther has maintained a 'Buy' rating on Sunnova Energy Intl (NYSE:NOVA) but lowered the price target from $31 to $27.
June 30, 2023 | 1:29 pm
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NEUTRAL IMPACT
Sunnova Energy Intl's price target has been lowered from $31 to $27 by B. Riley Securities, though the 'Buy' rating is maintained.
The lowering of the price target by B. Riley Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price in the short term. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100