Oppenheimer Starts SolarCity (SCTY) at Outperform

September 8, 2015 4:59 PM EDT
Get Alerts SCTY Hot Sheet
Price: $2.50 --0%

Rating Summary:
    4 Buy, 15 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 24 | Down: 13 | New: 20
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(Updated)

Oppenheimer initiated coverage on SolarCity (NASDAQ: SCTY) with an Outperform rating and a price target of $66.00.

Analyst Colin Rusch said, "We believe SCTY has significant scale advantages and a differentiated financing strategy, positioning the company to benefit from what we believe will be a robust North American solar installation market through and beyond 2016."

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 $49.09 yesterday.



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