Citigroup Downgrades Sunnova Energy Intl to Neutral, Lowers Price Target to $25
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Ryan Levine has downgraded Sunnova Energy Intl (NYSE:NOVA) from Buy to Neutral and lowered the price target from $26 to $25.

July 19, 2023 | 2:07 pm
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NEGATIVE IMPACT
Sunnova Energy Intl has been downgraded from Buy to Neutral by Citigroup, with a lowered price target from $26 to $25.
The downgrade from Buy to Neutral by Citigroup indicates a less optimistic outlook for Sunnova Energy Intl. The lowered price target from $26 to $25 also suggests that the analyst sees less upside potential in the stock. This could potentially lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100