JP Morgan Maintains Overweight on Sunnova Energy Intl, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has maintained an Overweight rating on Sunnova Energy Intl (NYSE:NOVA) but lowered the price target from $32 to $29.

September 15, 2023 | 2:27 pm
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NEUTRAL IMPACT
JP Morgan has maintained an Overweight rating on Sunnova Energy Intl but lowered the price target from $32 to $29.
The news is directly about Sunnova Energy Intl (NOVA). While the Overweight rating is maintained, which is positive, the lowering of the price target from $32 to $29 might have a neutral to slightly negative impact on the stock in the short term as it indicates a lower expected return.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100