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2 Solar Stocks Downgraded at Wolfe Today

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The Only Stock That Could ROCKET in Today's Market

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Wolfe Research analysts downgraded shares of Sunnova Energy (NYSE:NOVA) and Sunrun (NASDAQ:RUN) to Peer Perform from Outperform, citing headwinds from higher interest rates.

The analysts see business tailwinds outweighed by the higher rate environment. The analysts previously noted it's hard for investors to hold residential solar stocks in a rising rate environment, which is "getting worse."



Mercedes-Benz has signed a supply agreement with Canadian-German Rock Tech Lithium Inc to receive on average 10,000 tons of battery-grade lithium hydroxide per year, the German carmaker said on Thursday.






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