Baird Maintains Outperform on Sunnova Energy Intl, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ben Kallo has maintained an Outperform rating on Sunnova Energy Intl (NOVA) but has lowered the price target from $14 to $12.

May 03, 2024 | 11:34 am
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NEUTRAL IMPACT
Baird maintains an Outperform rating on Sunnova Energy Intl but lowers the price target from $14 to $12.
While the maintenance of an Outperform rating by Baird indicates continued confidence in Sunnova Energy Intl's potential, the reduction in the price target could suggest a tempered outlook on the company's short-term price performance. This mixed signal might lead to neutral market reaction in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100