Piper Sandler Upgrades Sunnova Energy Intl to Overweight, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison upgraded Sunnova Energy Intl (NYSE:NOVA) from Neutral to Overweight and increased the price target from $13 to $26.
December 19, 2023 | 11:49 am
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POSITIVE IMPACT
Sunnova Energy Intl was upgraded by Piper Sandler from Neutral to Overweight with a price target raised to $26 from $13.
Upgrades by analysts, especially from neutral to overweight, typically indicate a positive outlook on the stock and can lead to increased investor confidence and a potential rise in the stock price in the short term. The doubling of the price target from $13 to $26 by a reputable firm like Piper Sandler further underscores a strong bullish sentiment for Sunnova Energy Intl.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100