Stock analysts at Goldman Sachs Group initiated coverage on shares of Sunnova Energy International (NASDAQ:NOVA) in a research note issued on Monday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $16.00 price target on the stock. Goldman Sachs Group’s target price would suggest a potential upside of 54.44% from the stock’s previous close.
Separately, JPMorgan Chase & Co. initiated coverage on shares of Sunnova Energy International in a research report on Monday. They set an “overweight” rating and a $18.00 price objective for the company. Seven research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of $15.14.
NOVA stock opened at $10.36 on Monday. Sunnova Energy International has a 1 year low of $10.00 and a 1 year high of $12.00.
Sunnova Energy International Inc focuses on operating as a holding company for Sunnova Energy Corporation that provides residential solar and energy storage services in the United States, Puerto Rico, and the Northern Mariana Islands. Its services include operations and maintenance, monitoring, repairs and replacements, equipment upgrades, onsite power optimization, and diagnostics.
Read More: Hold Rating
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