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.
Published first on TheFly
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