Baird Trims PT on SunEdison (SUNE) to $10; Q3 Showed Strong Deployments, but Pipeline, Backlog Declined
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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
SunEdison (SUNE) Defended at Deutsche Bank
November 10, 2015 2:06 PM ESTDeutsche Bank reiterated a Buy rating on SunEdison (NYSE: SUNE) with a price target of $28. Analyst Vishal Shah called weakness a buying opportunity.
Shah explained, "Combination of perceived increase of complexity of the core business along with TERP's involvement in the warehouse equity... 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
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
