Analysts: SolarCity’s Weakness Is a Buying Opportunity and 3 More Research Notes to Read
SunEdison Inc. (NYSE:SUNE): Needham raised its price target for SunEdison to $15 from $11, citing the company’s strong third-quarter results, and reiterates a Buy rating on SunEdison stock.
SolarCity Corp. (NASDAQ:SCTY): Credit Suisse would use SolarCity’s weakness as a buying opportunity and notes the company’s value retention and operating leverage; the firm places a $75 price target on SolarCity shares, as well as an Outperform rating.
NRG Energy Inc. (NYSE:NRG): Jefferies raised its price target for NRG Energy shares to $38 from $33, citing the acquisition of the Edison Mission Portfolio, and keeps a Buy rating on NRG Energy stock.
HomeAway Inc. (NASDAQ:AWAY): Raymond James upgraded HomeAway to Strong Buy from Outperform, following the strong third-quarter report and positive PPB commentary; the firm’s price target for HomeAway shares is $40.