Sunnova Energy price target lowered to $28 from $31 at Truist

Truist analyst Jordan Levy lowered the firm’s price target on Sunnova Energy to $28 from $31 but keeps a Buy rating on the shares. The analyst expects the company’s Q1 results to represent a low-point for the year. Truist adds that it remains positive on Sunnova thanks to its diverse geographic footprint throughout the U.S. and its unique positioning with the EaaS space.