Sunnova Energy receives downgrade from Morgan Stanley

Sunnova Energy receives downgrade from Morgan Stanley

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.

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Editor's note: This article was written by Nicholas Jacobino