SolarCity (SCTY) Tops Q4 EPS by 22c; Issues Light Q1 Outlook
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Go back to SolarCity (SCTY) Tops Q4 EPS by 22c; Issues Light Q1 Outlook
February 11, 2016 7:07 AM EST
Barclays downgraded SolarCity (NASDAQ: SCTY) from Overweight to Equalweight with a price target of $20.00 (from $49.00).
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 $18.63 yesterday.
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February 10, 2016 7:52 AM EST
Roth Capital downgrades SolarCity (Nasdaq: SCTY) from Buy to Neutral and cuts its price target from $65 down to $19 following Q4 results and Q1 outlook.
Analyst Philip Shen noted that SolarCity reported weak Q4 results amid reset numbers, hampered by NV and longer... More
February 10, 2016 6:55 AM EST
(Updated - February 10, 2016 8:20 AM EST)
Raymond James upgraded SolarCity (NASDAQ: SCTY) from Outperform to Strong Buy with a price target of $60.00 (prior $75.00). Shares declined over 30% post-market on Tuesday after SolarCity reported disappointing Q4 results. Analyst Pavel Molchanov noted that for the first time in its three-plus years as a... More
February 10, 2016 6:40 AM EST
Baird analyst Ben Kallo reiterated a Neutral rating and cut his price target on SolarCity (NASDAQ: SCTY) to $47.00 (from $60.00) on the Q4 installation miss and weak Q1 guidance.
Kallo commented, "Financial results beat estimates across the board, management reiterated FY:16 installation... More
