SunEdison (SUNE) Defended at Deutsche Bank
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil prices steady as investors weigh US-Iran war escalation
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
- Wall Street indexes fall more than 1%, hit by tech, Iran war worries
SunEdison (SUNE) Bloodletting Won't Stop
November 11, 2015 12:33 PM ESTThe bloodletting in SunEdison (NYSE: SUNE) won't end. Shares are down another 16%, down 35% since Friday, down 48% over the last month, 64% over 3-months, 83% over 6-months.
Talk on the Street the past couple days is that David Einhorn and other hedge funds are throwing in the towel.
... More5 Reasons Why SunEdison (SUNE) is Down - UBS
November 11, 2015 9:35 AM ESTUBS Analyst, Julien Dumoulin-Smith, highlighted the 5 key factors in SunEdison (NYSE: SUNE) weakness in a concise note:
1) lower margins on retained projects than expected ($0.26/W) vs. overall 2016 margin expectations of $0.36/W;
2) Mgmt... More
SunEdison (SUNE) 'Making Progress' Needham & Company Says; PT Slashed to $10
November 11, 2015 6:59 AM ESTNeedham & Company analyst Y. Edwin Mok slashed his price target on SunEdison (NYSE: SUNE) to $10.00 (from $18.00) following Q3 results but maintained a Buy rating saying the company is making progress.
Mok commented, "SUNE's 3Q15 report highlighted the strategic shift toward more third-party... More
Baird Trims PT on SunEdison (SUNE) to $10; Q3 Showed Strong Deployments, but Pipeline, Backlog Declined
November 11, 2015 6:31 AM ESTBaird lowers its price target on Neutral-rated SunEdison (NYSE: SUNE) from $12 to $10 following Q3 results issued Tuesday morning.
Analyst Ben Kallo summarized: Q3 showed strong deployments and SUNE remains focused on long-term cash generation through project sales and reduction of OPEX. That... More
Has David Einhorn Capitulated in SunEdison (SUNE)?
November 10, 2015 1:53 PM ESTChatter on the Street is that David Einhorn may have finally thrown in the towel on SunEdison (NYSE: SUNE) today. Volume at 86M is 2.5x full day norm already.
Einhorn held 24.8 million shares at the end of June.
As recently as... More
Avondale Partners Downgrades SunEdison (SUNE) to Market Perform
November 10, 2015 12:56 PM ESTAvondale Partners downgraded SunEdison (NYSE: SUNE) from Market Outperform to Market Perform.
For an analyst ratings summary and ratings history on SunEdison click here. For more ratings news on SunEdison click here.
Shares of SunEdison closed at $7.40 yesterday.
... MoreThe Tail is Wagging the SunEdison (SUNE) Dog - Analyst
November 10, 2015 12:52 PM ESTCredit Suisse analyst Patrick Jobin weighed in on SunEdison (NYSE: SUNE) with shares plummeting 20% today. Jobin believes weakness in SUNE is related to TerraForm Global (NASDAQ: GLBL) and TerraForm Power (NASDAQ: TERP).
According to Jobin, TERP/GLBL are trading lower likely due to (1) a lack of providing any... More
SunEdison (SUNE) Drops to Session Lows
November 10, 2015 10:23 AM ESTSunEdison (NYSE: SUNE) hit session lows, falling 17%.
SunEdison (SUNE) Posts Q3 GAAP Loss of 91c/Share
November 10, 2015 6:52 AM EST(Updated - November 10, 2015 7:07 AM EST)
SunEdison (NYSE: SUNE) reported Q3 EPS of ($0.91), which may not compare with the analyst estimate of ($0.69). Revenue for the quarter came in at $476 million versus the consensus estimate of $438.5 million.
SunEdison Development: Continued... More
