Keybanc Maintains Overweight Rating for Sunnova Energy Intl: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Keybanc has maintained its Overweight rating for Sunnova Energy Intl (NYSE:NOVA) but lowered its price target from $31.00 to $21.00. Sunnova Energy's shares are currently trading down 1.25% at $9.50 per share. A move to $21.00 would represent a 121.05% increase from the current share price.
October 05, 2023 | 5:00 pm
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Keybanc has maintained its Overweight rating for Sunnova Energy Intl but lowered its price target. This could potentially lead to increased volatility in the stock's price.
The lowered price target by Keybanc could lead to increased volatility in the stock's price as investors adjust their expectations. However, the maintained Overweight rating indicates that Keybanc still sees potential in the stock, which could balance out the impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100