Sunnova Energy has managed to outperform its peers despite tough macro conditions, but BMO thinks it’s time for investors to trim their exposure to the stock. Analyst Ameet Thakkar lowered his rating on Sunnova to market perform from outperform. He also trimmed his price target on shares to $25 from …
Read More »Used-car seller Carvana has little room upside, says Piper Sandler
Carvana’s recent rally may be reaching its end, according to Piper Sandler. The company’s shares rose more than 20% this week after Carvana announced better-than-expected second quarter results and an agreement to restructure approximately $5.2 billion in debt on Wednesday. However, Piper Sandler’s long-term outlook on the company’s share in …
Read More »