BMO Capital Reiterates Market Perform on Sunnova Energy Intl, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ameet Thakkar has reiterated a Market Perform rating for Sunnova Energy Intl (NYSE:NOVA) and lowered the price target from $10 to $8.

November 01, 2024 | 4:09 pm
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BMO Capital has reiterated a Market Perform rating for Sunnova Energy Intl and reduced the price target from $10 to $8, indicating a less optimistic outlook.
The lowering of the price target from $10 to $8 by BMO Capital suggests a less favorable outlook for Sunnova Energy Intl, which could lead to a negative short-term impact on the stock price. The Market Perform rating indicates that the stock is expected to perform in line with the market, but the reduced price target reflects potential challenges or lower growth expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100