Barclays Maintains Overweight on Sunnova Energy Intl, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho maintains an Overweight rating on Sunnova Energy Intl (NYSE:NOVA) but lowers the price target from $12 to $10.

October 16, 2024 | 8:06 pm
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Barclays analyst Christine Cho maintains an Overweight rating on Sunnova Energy Intl but lowers the price target from $12 to $10.
The lowering of the price target from $12 to $10 by Barclays suggests a less optimistic outlook on Sunnova's stock performance, which could lead to a short-term negative impact on the stock price. However, the Overweight rating indicates that the analyst still sees potential upside, mitigating the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100