SolarCity's (SCTY) Buy Rating Reiterated at Deutsche Bank
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Cowen Cuts Price Target on SolarCity (SCTY) Following 3Q EPS Miss
October 30, 2015 10:34 AM EDTCowen maintained a Market Perform rating on SolarCity (NASDAQ: SCTY), and cut the price target to $42.00 (from $50.00), following the company's 3Q earnings results. Revenue of $114 mn was just above Street estimates of $111 mn, though high costs flowed down to a GAAP EPS of... More
SolarCity's (SCTY) Kitchen Sink Quarter – Roth Capital
October 30, 2015 8:08 AM EDTPhilip Shen from Roth Capital Partners, thinks SolarCity (NASDAQ: SCTY) printed its kitchen sink quarter and maintained his Buy rating while reducing his price target. He believes the competitive dynamics have shifted in SCTY's favor given the challenges among its peers and he... More
UPDATE: Baird Downgrades SolarCity (SCTY) to Neutral
October 30, 2015 6:36 AM EDT(Updated - October 30, 2015 7:55 AM EDT)
Baird downgraded SolarCity (NASDAQ: SCTY) from Outperform to Neutral with a price target of $60. The change follows soft Q3 results and weak guidance.
Analyst Ben Kallo said, "SCTY missed Q3 installations, lowered 2015 guidance, and issued 2016... More
Goldman Sachs Downgrades SolarCity (SCTY) to Neutral
October 30, 2015 6:35 AM EDTGoldman Sachs downgraded SolarCity (NASDAQ: SCTY) from Conviction Buy to Neutral with a price target of $41.00 (from $79.00).
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 $38.07 yesterday.
... MoreSolarCity (SCTY) Misses Q3 EPS by 46c
October 29, 2015 4:12 PM EDTSolarCity (NASDAQ: SCTY) reported Q3 EPS of ($2.41), $0.46 worse than the analyst estimate of ($1.95). Revenue for the quarter came in at $113.86 million versus the consensus estimate of $111.43 million.
Highlights:
Record 256 MW Installed for a Cumulative Total of 1.7 GWRevenue up 95%... More