Evercore analyst James West maintains $Sunnova Energy International (NOVA.US)$ with a buy rating, and maintains the target price at $17.
According to TipRanks data, the analyst has a success rate of 37.4% and a total average return of -7.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Sunnova Energy International (NOVA.US)$'s main analysts recently are as follows:
Sunnova Energy's third-quarter results did not meet guidance or expectations, as noted in a recent analysis. The valuation has been adjusted to the year 2025, leading to the perspective that the stock is currently fairly valued when considering risk and reward. A watchful approach is being taken for the company's performance moving into the next year.
The firm noted that Sunnova Energy's focus on cash generation and enhancing its liquidity outlook through asset-level capital and ITC sales was a highlight of its Q3 report.
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.
