Truist Securities Downgrades Sunnova Energy Intl to Hold, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has downgraded Sunnova Energy Intl (NYSE:NOVA) from Buy to Hold and lowered the price target from $35 to $11.

October 04, 2023 | 1:28 pm
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NEGATIVE IMPACT
Sunnova Energy Intl has been downgraded from Buy to Hold by Truist Securities, with a lowered price target from $35 to $11.
The downgrade from Buy to Hold by Truist Securities indicates a less optimistic outlook for Sunnova Energy Intl. The significant reduction in the price target from $35 to $11 suggests that the analyst sees less upside potential in the stock, which could negatively impact its short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100