SunEdison Takes Actions to Focus Solar Materials Operations on Asset-Light Strategy

Go back to SunEdison Takes Actions to Focus Solar Materials Operations on Asset-Light Strategy

Credit Suisse Downgrades SunEdison (SUNE) to Neutral, $3 PT

February 19, 2016 6:39 AM EST

Credit Suisse downgraded SunEdison (NYSE: SUNE) from Outperform to Neutral with a price target of $3.00 (from $19.00).

Analyst P. Jobin commented, "Given the more uncertain near-term liquidity profile, we take a more conservative stance in our valuation approach and lower our Target Price... More