Truist Securities Maintains Buy on Sunnova Energy Intl, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy maintains a Buy rating on Sunnova Energy Intl (NOVA) but lowers the price target from $16 to $9.

April 30, 2024 | 11:41 am
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Truist Securities maintains a Buy rating on Sunnova Energy Intl but lowers the price target from $16 to $9.
While the maintenance of a Buy rating by Truist Securities indicates continued confidence in Sunnova Energy Intl's fundamentals and growth potential, the significant reduction in the price target from $16 to $9 could reflect adjustments in valuation metrics, market conditions, or company-specific risks. This mixed signal might lead to short-term uncertainty among investors, balancing optimism with caution.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100