BMO downgrades solar shares, says macro backdrop challenging

Sunnova Energy has managed to outperform its peers despite challenging macroeconomic conditions, but BMO thinks it’s time for investors to reduce their exposure to the stock. Analyst Ameet Thakkar downgraded Sunnova to market outperform. He also cut his price target on the stock to $25 from $27. The new price target implies an upside of […]