Truist Financial analyst Jordan Levy maintains $Sunnova Energy International (NOVA.US)$ with a buy rating, and sets the target price at $12.
According to TipRanks data, the analyst has a success rate of 25.8% and a total average return of -18.9% 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 Q3 results were reported to have fallen short of both guidance and estimates, according to an analyst. With a valuation now projected into 2025, the current assessment of the stock suggests it is considered to be fairly valued, based on risk/reward considerations. Observers are anticipating the company's performance as it progresses into the following year.
The firm emphasized Sunnova Energy's Q3 report, which was distinguished by its emphasis on cash generation and enhancing liquidity prospects through asset-level capital and ITC sales.
Note:
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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.
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