SunEdison (SUNE) 'Making Progress' Needham & Company Says; PT Slashed to $10

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Key Questions on SunEdison (SUNE) Include Cost to Borrow and Vivint Renegotiation - UBS

November 13, 2015 10:45 AM EST

UBS analyst Julien Dumoulin-Smith attempted to answer more investor questions on beaten down SunEdison (NYSE: SUNE). Dumoulin-Smith said while liquidity is not the same question today as it was in the initial August slide in shares,
other issues raised in the 10Q merit greater attention from investors.

The analyst said an underlying question is the cost for the company to borrow. They see three key angles pointing higher:

1) the latest disclosure of a 9.25% second-lien term loan of $169 Mn from GS for a tenor of just 1-year issued on August... More

SunEdison (SUNE) Bloodletting Won't Stop

November 11, 2015 12:33 PM EST

The 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.

... More

5 Reasons Why SunEdison (SUNE) is Down - UBS

November 11, 2015 9:35 AM EST

UBS 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

Baird Trims PT on SunEdison (SUNE) to $10; Q3 Showed Strong Deployments, but Pipeline, Backlog Declined

November 11, 2015 6:31 AM EST

Baird 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

SunEdison (SUNE) Defended at Deutsche Bank

November 10, 2015 2:06 PM EST

Deutsche 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 EST

Chatter 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 EST

Avondale 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.

... More

The Tail is Wagging the SunEdison (SUNE) Dog - Analyst

November 10, 2015 12:52 PM EST

Credit 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 EST

SunEdison (NYSE: SUNE) hit session lows, falling 17%.

... 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