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Fly News Breaks for January 6, 2020
Jan 6, 2020 | 06:35 EDT
Ladenburg analyst Michael Schmitz initiated coverage of Sunnova Energy International with a Buy rating and $15 price target. The company's dealer model positions it to take advantage of the continued growth in the residential solar energy market, Schmitz tells investors in a research note. He believes Sunnova's long-term contracts associated with its solar systems provide good visibility to revenue and cash flow growth.
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