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A Quick Look at Today's Ratings for Sunnova Energy International(NOVA.US), With a Forecast Between $6.25 to $17

Futu News ·  Nov 1 21:00  · Ratings

On Nov 01, major Wall Street analysts update their ratings for $Sunnova Energy International (NOVA.US)$, with price targets ranging from $6.25 to $17.

Morgan Stanley analyst Andrew Percoco maintains with a hold rating, and maintains the target price at $12.

Deutsche Bank analyst Corinne Blanchard maintains with a hold rating, and adjusts the target price from $13 to $6.25.

Evercore analyst James West maintains with a buy rating, and maintains the target price at $17.

BMO Capital analyst Ameet Thakkar maintains with a hold rating, and adjusts the target price from $10 to $8.

Baird analyst Ben Kallo maintains with a buy rating, and adjusts the target price from $18 to $12.

Furthermore, according to the comprehensive report, the opinions of $Sunnova Energy International (NOVA.US)$'s main analysts recently are as follows:

  • Sunnova Energy's recent quarterly results did not meet the expected guidance and projections. The company's performance fell short on several financial metrics. Looking ahead, the valuation reflects a balanced risk/reward scenario, with a cautious outlook pending the company's operational progress in the coming year.

  • The firm noted Sunnova Energy's third-quarter report was distinguished by the company's emphasis on cash generation and enhancing liquidity prospects via asset-level capital and ITC sales.

Here are the latest investment ratings and price targets for $Sunnova Energy International (NOVA.US)$ from 8 analysts:

StockTodayLatestRating_nn_77691663621932_20241101_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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