SolarCity's (SCTY) Price Target Reduced to $38 at Credit Suisse
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
SolarCity (SCTY) Sees Strong Gains After Tuesday's Beating
May 11, 2016 11:04 AM EDTSolarCity (NASDAQ: SCTY) is showing strong gains early Wednesday following yesterday's big sell-off on earnings. Shares last traded up 9.5% to $19.52. Shares were down 21% yesterday. Short covering could be contributing to today's upside as they lock-in gains.
... MoreSolarCity (SCTY): Trading Close To PowerCo NAV - Stifel
May 10, 2016 11:07 AM EDTStifel analyst, Sven Eenmaa, cut his PT to $46 on Buy rated SolarCity (NASDAQ: SCTY) after a widely expected guidance reduction. Despite the increased risk, the stock is trading close to the value of PowerCo assets that it does not warrant a downgrade from... More
SolarCity's (SCTY) Buy Rating Maintained at Deutsche Bank
May 10, 2016 10:24 AM EDTDeutsche Bank maintained a Buy rating on SolarCity (NASDAQ: SCTY) with a price target of $49. Shares declined following the release of Q1 results.
Analyst Vishal Shah commented, saying, "Weak Q1 bookings and generally cautious mgmt commentary raises the question whether the... More
SolarCity (SCTY): Slower Bookings Drive Lower 2016 Outlook - Needham & Company
May 10, 2016 7:46 AM EDTNeedham & Company analyst, Edwin Mok, would recommend investors stay on the sideline wit SolarCity (NASDAQ: SCTY) even after a sell-off and reiterated his Hold rating.
Expectations going into SCTY's 1Q16 report were low due to weakness in the U.S. residential market. However, even... More
Avondale Partners Downgrades SolarCity (SCTY) to Market Perform
May 10, 2016 7:45 AM EDTAvondale Partners downgraded SolarCity (NASDAQ: SCTY) from Market Outperform to Market Perform.
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 $22.51 yesterday.
... MoreBofA/Merrill Lynch Downgrades SolarCity (SCTY) to Neutral
May 10, 2016 7:13 AM EDTBofA/Merrill Lynch downgraded SolarCity (NASDAQ: SCTY) from Buy to Neutral.
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 $22.51 yesterday.
... MoreSolarCity (SCTY) Bears In Control Amid Latest Results - Baird
May 10, 2016 6:32 AM EDTBaird analyst Ben Kallo lowered his price target on Neutral-rated SolarCity (NASDAQ: SCTY) to $37.00 (from $47.00) after beating on revenue and installations, but lowered FY:16 guidance due to weak Q1 bookings, and also had a significant increase customer acquisition costs (although this is... More
SolarCity (SCTY) Misses Q1 EPS by 25c; Trims Outloook
May 9, 2016 4:26 PM EDTSolarCity (NASDAQ: SCTY) reported Q1 EPS of ($2.56), $0.25 worse than the analyst estimate of ($2.31). Revenue was $122.6 million, versus the consensus of $110 million.
The company installed 214-MW in Q1.
Guidance:
SolarCity expects to install 1 to 1.1-GW in 2016, versus... More
