Sunnova Announces Third Quarter 2023 Earnings Release Date and Conference Call

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Go back to Sunnova Announces Third Quarter 2023 Earnings Release Date and Conference Call

Sunnova (NOVA) Mentioned Positively at Roth/MKM

September 28, 2023 2:50 PM EDT

Roth/MKM analyst Philip Shen reiterated a Buy rating and $58.00 price target on Sunnova (NYSE: NOVA)

The analyst comments "During the prepared remarks on the Q2 call, NOVA mentioned its fully burdened unlevered return equaled 11.6% over the past 30 days vs. 10.9% in Q2'23. While some think unlevered return is closer to 11%, we believe it has surpassed 12%, and we see potential for unlevered returns to reach 13% soon, as NOVA continues to increase price with the... More