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Finding Some Sun At A Cloudy Time For Solar Stocks, ETFs
Tuesday, September 27, 2016 - 8:55am | 553Read More...This year has not been kind to solar stocks and the relevant exchange-traded funds. The Guggenheim Solar ETF (NYSE: TAN), the largest dedicated solar ETF, is off 5.5 percent over just the past month, bringing its year-to-date loss to nearly 35 percent. TAN has been stymied on multiple fronts this...
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8Point3 Energy's Q3 Beat And Raise Justify Rating Reiteration From Baird
Wednesday, September 21, 2016 - 3:11pm | 285Read More...Following 8Point3 Energy Partners LP (NASDAQ: CAFD)'s third-quarter results — an outperformance and upward revision of guidance — Baird reiterated its Outperform rating on the shares of the company. The price target was reiterated at $20. Analyst Ben Kallo noted that the company's...
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JMP Securities: 2017 Consensus Estimates For First Solar Are Significantly Too High
Friday, September 16, 2016 - 2:41pm | 349Read More...JMP Securities sees the consensus estimates of $2.22 EPS on revenue of $2.97 billion on First Solar, Inc. (NASDAQ: FSLR) for the year 2017 as significantly too high. Conversely, analyst Joseph Osha expects the company to deliver GAAP EPS of $1.34 for the same period. Following its participation in...
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Takeaways From Solar Conference: Still Too Early To Be Broadly Positive
Wednesday, September 14, 2016 - 3:16pm | 517Read More...Solar power faces demand risk, according to Goldman Sachs, as the supply is not reduced and, therefore, the average selling price is down. Analysts Brian Lee, Hank Elder and Candace Dechant do not see a turnaround of fortunes for the sector. Furthermore, prolonged cyclical pressure is expected to...
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Barclays Likes Hannon Armstrong For Exposure To Alternative Energy, Initiates At Overweight
Thursday, September 8, 2016 - 3:08pm | 352Read More...Barclays has started coverage of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE: HASI) with an Overweight rating and price target of $27, implying a potential upside of 8.5 percent. The brokerage's bullish stance is driven by core business growth and continued investor demand for low-risk exposure...
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Standpoint Research Shines A Light On 2 Solar Stocks
Tuesday, September 6, 2016 - 8:45am | 568Read More...Standpoint Research, an investment research firm, first evaluated shares of First Solar, Inc. (NASDAQ: FSLR) and Canadian Solar Inc. (NASDAQ: CSIQ) back in December 2014. On September 2, the analysts released a follow-up to their initial report, noting that after reinstating First Solar and...
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Argus Downgrades First Solar On Price Competition Concerns
Wednesday, August 31, 2016 - 10:19am | 440Read More...Argus’ Stephen Biggar expressed concern regarding First Solar, Inc. (NASDAQ: FSLR)'s declining project backlog, as well as the impact of strong price competition. Biggar downgraded the rating on the company from Buy to Hold. EPS Concerns The analyst expects the company’s EPS to be hurt...
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Barclays Breaks Down Its Outlook On Solar
Wednesday, August 24, 2016 - 11:18am | 535Read More...Barclays believes the second-quarter results from the solar segment were not a one-off "weak quarter." The brokerage sees an inflection point in the segment fueled by consequences of unplanned policy, apart from the limitations on the technologies in the sector. Therefore, there was no change to...
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In Solar And Alternative Energy, UBS Likes SunPower
Friday, August 5, 2016 - 8:35am | 505Read More...Due to its diversification and the company's continual share gaining in all online job postings recently (approaching 70 percent), UBS likes SunPower Corporation (NASDAQ: SPWR) among the non-residential solar installers in the United States. Setting Itself Apart "We note SPWR's core diversification...
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First Solar Bulls Get Burned Following Q2 Beat
Thursday, August 4, 2016 - 2:16pm | 366Read More...First Solar, Inc. (NASDAQ: FSLR) bulls are enduring a frustrating trading session on Thursday. The stock is down 11.3 percent on the day following Q2 earnings and revenue beats. First Solar charged $86 million in Q2 when it decided to no longer make solar panels using TetraSun’s silicon...
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Morgan Stanley Says Regulatory Environment Will Make 2017 A Challenging Year For Solar Sector
Wednesday, August 3, 2016 - 11:36am | 445Read More...The solar industry is facing a "challenging" time ahead, according to a team of experts and analysts at Morgan Stanley. In an industry-wide, 91-page report, the team stated that while some solar companies will be able to navigate a difficult regulatory environment, others will be "exposed to...
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SunPower Shares Higher Following UBS Upgrade To Buy
Wednesday, July 6, 2016 - 11:50am | 447Read More...Shares of SunPower Corporation (NASDAQ: SPWR) gained as much as about 3 percent after UBS upgraded the stock to Buy from Neutral saying that the recent pullback is overdone. The market is pricing in another 2011 panel downturn. But UBS sees value in the stock following 50 percent plus year-to-date...
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Tesla + SolarCity = The 'Apple Store' For Electricity?
Wednesday, June 29, 2016 - 9:34am | 443Read More...When consumers enter a typical Apple Inc. (NASDAQ: AAPL) store, they can purchase a smartphone, tablet, music player, smartwatch and a computer in one shot. Apple also offers educational activities, including free presentations that offer potential consumers a hands-on experience. According to an...
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Solar ETF Searches For Sunny Days
Thursday, June 23, 2016 - 1:11pm | 614Read More...Underscoring just how tough this year has been on solar stocks, the Guggenheim Solar ETF (NYSE: TAN) fell nearly 1 percent Wednesday, the same day investors absorbed news of Tesla Motors Inc (NASDAQ: TSLA) bidding $2.8 billion for SolarCity Corp (NASDAQ: SCTY), one of TAN's largest holdings. Is...
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Global Fossil Fuel Electricity Demand Will Peak In 2025
Tuesday, June 14, 2016 - 2:03pm | 411Read More...In at least one segment of global energy demand, fossil fuel demand growth could peak by 2025. Tom Randall reports that Bloomberg New Energy Finance projects fossil fuel demand for electricity will finally hit its peak in another nine years. “You can’t fight the future,” the...
















