Investors are wondering which energy stocks to buy and which to dump.
While the new year has brought continued challenges for the sustainability sector, there could be “meaningful upside opportunity” heading into the Federal Reserve’s interest rate cutting cycle for the residential solar group and “incremental downside risk” to more nascent industries like hydrogen and fuel cells, analyst Jordan Levy of Truist Securities said in a note.
Check out other analyst stock ratings.
The Rating Changes
- Upgraded the rating for Sunnova Energy International Inc (NYSE: NOVA) from Hold to Buy, while raising the price target from $10 to $18.
- Upgraded the rating for Enphase Energy Inc (NASDAQ: ENPH) from Hold to Buy, while lifting the price target …
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