SolarCity (SCTY) Posts Q2 Loss of 96c/Share; Issues Light Q3 Outlook

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SolarCity (SCTY) Hits Session Lows

August 8, 2014 1:14 PM EDT

SolarCity (NASDAQ: SCTY) hit session lows mid-day Friday, falling about 6%. Sentiment turned negative following Q2 results yesterday after-the-close, although shares opened higher this morning.

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SolarCity (SCTY) Price Target Raised to $96 at Goldman Sachs

August 8, 2014 8:08 AM EDT

Goldman Sachs maintained a Conviction Buy on SolarCity (NASDAQ: SCTY) and raised its price target to $96.00 (from $92.00). Analyst Brian Lee noted rooftop momentum in Q2.

"We retain CL-Buy on SolarCity and would add to positions following a 2Q14 that we believe further illustrated its growing momentum in the... More

SolarCity (SCTY) PT Bumped to $83 at Baird

August 8, 2014 6:47 AM EDT

Baird analyst Ben Kallo reiterated an Outperform rating and raised his price target on SolarCity (NASDAQ: SCTY) to $83.00 (from $80.00) following Q2 results.

Kallo commented, "The two most important metrics in the quarter were backlog and the companys cost/retained value per watt. Also, the company... More

SolarCity (SCTY) Trades Strong into Q2 Report; Street Expects Wider Y/Y Loss

August 7, 2014 2:02 PM EDT

SolarCity Corporation (Nasdaq: SCTY) is trading higher heading into the company's Q214 report, which is expected out after markets close today.

Analysts are looking for SolarCity to report a Q2 loss of $0.99 per share with revenue of $63.2 million, from a loss of... More