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Northland Securities Sticks to Its Hold Rating for Sunnova Energy International (NOVA)
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Northland Securities Sticks to Its Hold Rating for Sunnova Energy International (NOVA)

In a report released today, Donovan Schafer CFA from Northland Securities maintained a Hold rating on Sunnova Energy International (NOVAResearch Report), with a price target of $9.00. The company’s shares closed yesterday at $5.39.

According to TipRanks, Schafer CFA is an analyst with an average return of -18.3% and a 34.31% success rate. Schafer CFA covers the Technology sector, focusing on stocks such as Sunnova Energy International, Array Technologies, and Sunrun.

Currently, the analyst consensus on Sunnova Energy International is a Strong Buy with an average price target of $16.27.

The company has a one-year high of $24.56 and a one-year low of $3.80. Currently, Sunnova Energy International has an average volume of 8.81M.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NOVA in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Sunnova Energy International (NOVA) Company Description:

Sunnova Energy International, Inc. engages in providing solar and energy storage services. It also offers services to customers who purchased their solar energy system through unaffiliated third parties. The company was founded in January, 2013 and is headquartered in Houston, TX.

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