Goldman Sachs Starts SolarCity (SCTY) at Buy
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Price: $0.01 --0%
Rating Summary:
4 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 15 | New: 6
Rating Summary:
4 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 15 | New: 6
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Goldman Sachs initiates coverage on SolarCity (NASDAQ: SCTY) with a Buy. PT $18.00.
"As the first pure play investment opportunity with leverage to the attractive US rooftop market, we expect SolarCity to grow volumes at a 30%-35% CAGR through 2016, leveraging a compelling value proposition, a large total addressable market, and a unique financing model which we expect to progressively enhance SolarCity’s returns with increased scale."
For an analyst ratings summary and ratings history on SolarCity click here. For more ratings news on SolarCity click here.
Shares of SolarCity closed at $14.40 yesterday.
"As the first pure play investment opportunity with leverage to the attractive US rooftop market, we expect SolarCity to grow volumes at a 30%-35% CAGR through 2016, leveraging a compelling value proposition, a large total addressable market, and a unique financing model which we expect to progressively enhance SolarCity’s returns with increased scale."
For an analyst ratings summary and ratings history on SolarCity click here. For more ratings news on SolarCity click here.
Shares of SolarCity closed at $14.40 yesterday.
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