SunPower (SPWR)/First Solar (FSLR) YieldCo is Like Duke and UNC Partnering... Huge - Raymond James

Go back to SunPower (SPWR)/First Solar (FSLR) YieldCo is Like Duke and UNC Partnering... Huge - Raymond James

Cowen Affirms SunPower (SPWR) at 'Outperform' Following Q4 Results, YieldCo.; Issues Commentary

February 25, 2015 12:02 PM EST

Cowen and Company affirms SunPower (Nasdaq: SPWR) at Outperform with a price target of $46 following Q4 results reported on Tuesday.

Jeffrey Osborne noted that SunPower posted Q4 adjusted EPS of $0.26 versus the firm's estimate of $0.25. Revenue came in at

On the YieldCo. collaboration with First... More

First Solar (FSLR) PT Raised to $75 at Needham & Company

February 25, 2015 7:23 AM EST

Needham & Company analyst Y. Edwin Mok reiterated a Buy rating and boosted his price target on First Solar (NASDAQ: FSLR) to $75.00 (from $70.00) following Q4 results and the YieldCo JV with SunPower.

Mok commented, "FSLR reported a mixed 4Q14 due to its decision... More

BofA/Merrill Lynch Upgrades First Solar (FSLR) to Neutral

February 25, 2015 6:55 AM EST

BofA/Merrill Lynch upgraded First Solar (NASDAQ: FSLR) from Underperform to Neutral with a price target of $58.00 (from $50.00).

Analyst Krish Sankar said with the YieldCo in play they see downside protection near term.

Despite sharp cuts to the firm's CY15 estimates, a pipeline... More

First Solar (FSLR) PT Lifted to $69 at Baird; Buy Stock Aggressively Here

February 25, 2015 6:36 AM EST

Baird analyst Ben Kallo reiterated an Outperform rating and boosted his price target on First Solar (NASDAQ: FSLR) to $69.00 (from $62.00) following earnings and the company's recently announced YieldCo JV with SunPower. The analyst said they would be aggressive buyers of the stock.

Kallo... More

Solar Segment Rises on SunPower (SPWR), First Solar (FSLR) JV

February 24, 2015 9:59 AM EST

Solar stocks are largely positive following news of a new joint venture between SunPower (Nasdaq: SPWR) and First Solar (Nasdaq: FSLR).

Leaders in early trading today include JinkoSolar (NYSE: JKS), Canadian Solar (Nasdaq: CSIQ), ReneSola (NYSE: SOL), and Trina Solar (NYSE: TSL).

... More

SunPower (SPWR) Tops Q4 EPS by 2c; Guides Q1 Below the Street, Withdraws FY15 Outlook on YieldCo News

February 24, 2015 8:05 AM EST

SunPower (NASDAQ: SPWR) reported Q4 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $609.7 million versus the consensus estimate of $606.83 million.

SunPower sees Q1 2015 EPS of $0.05-$0.15, versus the consensus of $0.25. SunPower sees Q1 2015 revenue of $410-460 million, versus the consensus of $544.73 million.

SunPower believes that its underlying business fundamentals for 2015 remain strong. However, as a result of company's announcement on February 23,... More

Deutsche Bank Upgrades First Solar (FSLR) to Buy on Yieldco JV

February 24, 2015 6:36 AM EST

Deutsche Bank upgraded First Solar (NASDAQ: FSLR) from Hold to Buy with a price target of $68.00 (from $60.00). The change follows news it and SunPower (NASDAQ: SPWR) plan to form a joint Yieldco.

Analyst Greg Poole said,... More

First Solar (FSLR), SunPower (SPWR) to Form Joint Venture

February 23, 2015 4:31 PM EST

First Solar, Inc. (NASDAQ: FSLR) and SunPower Corp. (NASDAQ: SPWR) announced that they are in advanced negotiations to form a joint YieldCo vehicle (the YieldCo) to which they each expect to contribute a portfolio of selected solar... More