Truist Securities Upgrades Sunnova Energy Intl to Buy, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has upgraded Sunnova Energy International (NOVA) from Hold to Buy and increased the price target from $10 to $18.
January 23, 2024 | 10:51 am
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Sunnova Energy International has been upgraded by Truist Securities from Hold to Buy with a raised price target from $10 to $18, indicating a positive outlook on the company's stock.
Upgrades by analysts, especially with a significant increase in price target, tend to have a positive impact on the stock price in the short term as they reflect a positive change in the analyst's view of the company's future performance and valuation.
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