UPDATE: SolarCity (SCTY) Tops Q4 Loss Views; Issues Q1, FY15 Outlook
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February 19, 2015 9:16 AM EST
Deutsche Bank maintained a Buy rating on SolarCity (NASDAQ: SCTY) with a price target of $90. Comments follow Q4 results and guidance.
"Q4 results highlight strong execution in a robust demand environment. SCTY appears to be ahead of cost reduction plan and solid bookings outlook during Q1 suggest upside to 2015 shipments guide. Given the... More
February 19, 2015 7:59 AM EST
Roth Capital affirms SolarCity (Nasdaq: SCTY) at Buy with a price target of $98 following Q4 results and guidance.
Analyst Philip Shen commented, SCTY posted a modest Q4 miss, weaker-than-expected Q1 guide, and lower-than-expected incremental RV/W partly due to mix. As a result, we see the potential for shares to be weak near-term,... More
February 19, 2015 7:59 AM EST
Baird analyst Ben Kallo reiterated an Outperform rating on SolarCity (NASDAQ: SCTY) but lowered his price target to $76.00 (from $83.00) following Q4 results.
Kallo commented, "SCTY slightly missed its installation guidance largely driven by commercial project push-outs, but continued to reduce costs, maintained full-year... More
February 19, 2015 7:56 AM EST
Canaccord Genuity reiterated a Buy rating and raised its price target on SolarCity (NASDAQ: SCTY) to $67.00 (from $64.00) following Q4 results.
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 $57.10 yesterday.
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