Baird Maintains Outperform on Sunnova Energy Intl, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ben Kallo maintains an Outperform rating on Sunnova Energy Intl (NYSE:NOVA) but lowers the price target from $18 to $12.
November 01, 2024 | 11:51 am
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Baird analyst Ben Kallo continues to rate Sunnova Energy Intl as Outperform, but has reduced the price target from $18 to $12, indicating a more cautious outlook.
The reduction in price target from $18 to $12 suggests a less optimistic view on Sunnova's short-term performance, despite maintaining an Outperform rating. This could lead to a negative short-term impact on the stock price as investors adjust expectations.
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