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The Sun Could Be Ready To Set On The Solar ETF's Big Run
Tuesday, April 30, 2019 - 8:57am | 516Read More...With a year-to-date gain of almost 38 percent, the Invesco Solar ETF (NYSE: TAN) is easily one of this year's best-performing non-leveraged exchange traded funds. What Happened TAN is enjoying plenty of tailwinds this year, high oil prices chief among them. Additionally, declining costs for...
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Generac Buys Battery Storage Manufacturer Pika Energy
Monday, April 29, 2019 - 12:21pm | 329Read More...Generac Holdings Inc. (NYSE: GNRC) announced Monday that it acquired the battery storage manufacturer Pika Energy, Inc. What Happened The deal closed April 26, according to Generac; the terms were not disclosed. Pika develops advanced power electronics, software and controls for smart energy...
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Why Clouds Could Emerge For The Solar ETF
Tuesday, February 12, 2019 - 12:20pm | 542Read More...As has been widely documented, traditional energy stocks and exchange traded funds were drubbed last year. Old guard energy ETFs incurred losses of around 20 percent or more. Alternative energy ETFs were not immune from that trend. Some performed even more poorly than traditional energy ETFs. The...
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SunPower Escapes $200M In Tariffs, Notches Upgrade From BofA
Thursday, October 4, 2018 - 11:10am | 392Read More...Solar panel manufacturer SunPower Corporation (NASDAQ: SPWR) was granted a tariff exemption for its made-in-Mexico panels, leading Bank of America Merrill Lynch to drop its bearish thesis. The Analyst BofA's Julien Dumoulin-Smith upgraded SunPower from Underperform to Neutral with a...
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Sunrun's Execution Risk, Cost Trajectory Concerns Have Eased, BofA Says In Upgrade
Tuesday, September 11, 2018 - 3:56pm | 409Read More...An "overreaction" to Sunrun Inc (NASDAQ: RUN)'s earnings report in early August presents an opportunity for investors to buy the stock ahead of an era of "more confidence and less risk," according to Bank of America Merrill Lynch. The Analyst Analyst Julien Dumoulin-...
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TerraForm Power's Q2 Print Energizes Oppenheimer
Wednesday, August 15, 2018 - 2:33pm | 395Read More...Solar and wind operator TerraForm Power Inc (NASDAQ: TERP) reported second-quarter results Monday that convinced Oppenheimer to turn bullish on the stock. The Analyst Oppenheimer's Colin Rusch upgraded TerraForm Power from Perform to Outperform with a new $14 price target. The Thesis...
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Bank Of America Upgrades Sunrun After Post-Q2 Pullback
Monday, August 13, 2018 - 2:23pm | 343Read More...Sunrun Inc (NASDAQ: RUN)'s notable move lower last week in reaction to the solar power company's second-quarter report put an end to Bank of America Merill Lynch's bearish stance on the stock. The Analyst BofA's Julien Dumoulin-Smith upgraded Sunrun from Underperform to...
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Powering Down: Morgan Stanley Cites Valuation Concerns In Sunrun Downgrade
Friday, August 3, 2018 - 11:36am | 357Read More...With the stock up more than 150 percent since the start of 2018 and 60 percent since April alone, the bullish case for Sunrun Inc (NASDAQ: RUN) is over, according to Morgan Stanley. The Analyst Analyst Stephen Byrd downgraded Sunrun from Overweight to Equal-weight with a price...
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Enphase Energy's 35% Surge, Explained
Wednesday, June 13, 2018 - 1:54pm | 310Read More...Shares of Enphase Energy Inc (NASDAQ: ENPH) surged higher by more than 35 percent Wednesday morning in reaction to an acquisition announcement. What Happened Enphase said it acquired SunPower Corporation (NASDAQ: SPWR)'s microinverter business for $25 million in cash and 7.5 million...
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First Solar Downgraded By Vertical Group's Gordon Johnson: 'We Think It's Time To Fade This Stock'
Thursday, June 7, 2018 - 10:44am | 617Read More...As China chops its solar installation incentives, First Solar, Inc. (NASDAQ: FSLR)’s story is taking a turn for the worse. Vertical Group’s Gordon Johnson double downgraded the stock Thursday in light of both the Chinese policy decision and prior solar policy actions in Spain, Germany...
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Bank Of America Cites Chinese Policy Decision In First Solar Downgrade
Tuesday, June 5, 2018 - 10:33am | 503Read More...China's "surprising decision" to suspend construction of new solar farms and slash subsidies prompted Bank of America Merrill Lynch to downgrade U.S.-based solar company First Solar, Inc. (NASDAQ: FSLR). The Analyst BofA's Julien Dumoulin-Smith downgraded First Solar rating...
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Daqo New Energy Shares Plunge, Roth Capital Downgrades On New Chinese Solar Policy
Monday, June 4, 2018 - 4:04pm | 337Read More...Chinese solar stocks were under heavy selling pressure Monday in reaction to the government's decision to suspend the construction of new solar farms and cut subsidies to solar companies. One of the most impacted companies is Daqo New Energy Corp (NYSE: DQ), according to Roth Capital Partners...
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First Solar A Buy On Series 6 Potential, JPMorgan Says In Upgrade
Thursday, May 10, 2018 - 2:20pm | 302Read More...As it stands on its own, First Solar, Inc. (NASDAQ: FSLR) looks pretty, but an unsightly backdrop lessens its appeal. One analyst is buying — cautiously. The Rating JPMorgan analyst Paul Coster upgraded First Solar from Neutral to Overweight and increased the price target from $74 to...
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Solar Stocks Heat Up After California Votes To Mandate Solar Panels On New Homes
Wednesday, May 9, 2018 - 3:52pm | 333Read More...California approved regulations Wednesday requiring most homes constructed after Jan. 1, 2020, to be built with solar panels. Why It’s Important The news is a boon for solar companies, not only guaranteeing contracts but also validating the yet-nascent market’s move to become...
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JPMorgan Downgrades Canadian Solar On Valuation Concerns
Tuesday, March 27, 2018 - 11:58am | 411Read More...Canadian Solar Inc. (NASDAQ: CSIQ) stock has been on quite a run in 2018, but one Wall Street analyst said the stock could have run out of power. The Analyst JPMorgan analyst Paul Coster downgraded Canadian Solar from Neutral to Underweight and reiterated a $17 price target. The Thesis...
















