Fly News Breaks for October 31, 2019
NOVA
Oct 31, 2019 | 15:51 EDT
KeyBanc analyst Sophie Karp said Sunnova Energy has positive momentum on multiple fronts, but the stock is "trading at essentially its replacement value" given that its $846M in net contracted customer value is worth $10.07 per share. The current share price is not factoring contract renewals that she sees being worth about $2.70 per share nor growth in 2020 and beyond, according to Karp, who keeps an Overweight rating and $14 price target on Sunnova shares.
News For NOVA From the Last 2 Days
NOVA
Mar 26, 2024 | 12:00 EDT
Sunnova Energy is up 12.7%, or 69c to $6.08.