January 6, 2023

Sunrun, Sunnova, and First Solar Are Now Buys. This Analyst Is Positive on Clean Energy.

Sunnova Energy

and

First Solar

stocks were upgraded by an analyst at Wells Fargo who said he was confident in the future of clean energy.

Wells Fargo analyst Michael Blum upgraded

Sunrun

(ticker: RUN),

Sunnova

Energy (NOVA) and

First Solar

(FSLR) to Overweight from Equal Weight, highlighting the passage of the Inflation Reduction Act and strong demand in Europe as reasons for his now bullish view on the clean energy sector this year.

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