Previous close | 10.35 |
Open | 9.88 |
Bid | 9.85 x N/A |
Ask | 10.07 x N/A |
Day's range | 9.74 - 9.88 |
52-week range | 3.35 - 21.00 |
Volume | |
Avg. volume | 174 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Shares of Sunnova Energy International (NOVA) are trading lower on Tuesday morning as Morgan Stanley downgraded the company from Overweight to Equal Weight, slashing its price target to $14 per share. Morgan Stanley cited a large dislocation between NOVA's stock price and the value of the company's asset base, noting a less clear path to realizing that value in the next year. Yahoo Finance Senior Business Reporter Ines Ferré joins the Live show to discuss the downgrade for the stock and increasing prices within the solar sector amid higher interest rates. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Truist upgraded solar stocks Sunnova Energy (NOVA) and Enphase Energy (ENPH) to "Buy" ratings from "Hold" on Tuesday, expressing optimism around strengthening global demand trends. The firm sees an opportunity to buy into the solar names at attractive levels after the recent industry sell-offs. However, Truist also downgraded fuel cell maker Bloom Energy (BE) based on political uncertainty posing risks to green energy initiatives. Yahoo Finance's Rachelle Akuffo and Akiko Fujita break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Piper Sandler has shifted it's stance on solar stocks, upgrading their ratings on both Sunrun Inc. (RUN) and Sunnova Energy (NOVA) from "Neutral" to "Overweight" Monday morning. The firm cited the Federal Reserve's indication of pausing interest rate hikes as an "undoubtedly positive" catalyst for the solar sector in the year ahead. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.