Mizuho Maintains Buy on Sunnova Energy Intl, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi maintains a Buy rating on Sunnova Energy Intl (NOVA) but lowers the price target from $25 to $21.

February 27, 2024 | 3:45 pm
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NEUTRAL IMPACT
Mizuho maintains a Buy rating on Sunnova Energy Intl but lowers the price target from $25 to $21.
While the reduction in the price target from $25 to $21 could suggest a tempered outlook on Sunnova Energy Intl's short-term price potential, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100