Oppenheimer Starts Sky Solar (SKYS) at Outperform

(Updated)

Oppenheimer initiated coverage on Sky Solar (NASDAQ: SKYS) with an Outperform rating and a price target of $13.00.

Analyst Colin Rusch said, "We view SKYS as a leading solar IPP globally with extensive development and financing expertise. Given the mix of growth potential and capital efficiency SKYS has been able to demonstrate, we believe the shares should be valued based on the company's ability to deploy capital."

For an analyst ratings summary and ratings history on Sky Solar click here. For more ratings news on Sky Solar click here.

Shares of Sky Solar closed at $5.84 yesterday.

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