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Fly News Breaks for August 20, 2019
RUN, VSLR, NOVA
Aug 20, 2019 | 07:13 EDT
As previously reported, KeyBanc analyst Sophie Karp initiated Sunnova Energy (NOVA) with an Overweight and $13 price target. The analyst notes that shares of Sunnova lie somewhere in between Vivint Solar (VSLR) and Sunrun (RUN) in terms of the margin of safety, since the net value of Sunnova's existing portfolio of assets amounts to about $9/share. Karp believes Sunnova boasts the most significant operating leverage owing to its dealer-only operating model, and expects it to grow aggressively in the 2019-2020 time-frame.
News For NOVA;VSLR;RUN From the Last 2 Days
RUN, NOVA
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