Mizuho Maintains Buy on Sunnova Energy Intl, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Maheep Mandloi maintains a Buy rating on Sunnova Energy Intl (NOVA) but lowers the price target from $21 to $17.

April 19, 2024 | 5:28 pm
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NEUTRAL IMPACT
Mizuho maintains a Buy rating on Sunnova Energy Intl but lowers the price target from $21 to $17.
While the reduction in the price target from $21 to $17 could suggest a tempered outlook on Sunnova Energy Intl's short-term price potential, the maintenance of a Buy rating indicates a continued positive long-term view on 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 buy recommendation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100