Azure Power Announces Pricing of Public Offering of 14,800,000 Equity Shares

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Credit Suisse Reinstates Azure Power Global Limited (AZRE) at Outperform

October 9, 2018 7:36 AM EDT

Credit Suisse analyst Michael Weinstein reinstates coverage on Azure Power Global Limited (NYSE: AZRE) with an Outperform rating and a price target of $22.00 (from $24.00).

Weinstein notes the recent $200m equity issuance that secures capital for longterm growth and helps increase trading... More