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First Solar Bookings Were 'Subdued' In Q4: 9 Analysts Examine Earnings, Outlook
Wednesday, February 28, 2024 - 12:43pm | 914Shares of First Solar Inc (NASDAQ: FSLR) were climbing in early trading on Wednesday, after the company reported higher-than-expected earnings for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Morgan Stanley analyst...
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First Solar Q2 Analysts Like What They See: New Factory In The US, 'Favorable India Update'
Friday, July 28, 2023 - 11:26am | 660First Solar Inc (NASDAQ: FSLR) reported on Thursday its second-quarter results and announced investments into building its fifth U.S. panel factory. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. BofA Securities On First Solar...
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Goldman Sachs Says Buy The Dip In Solar Stocks, Upgrades SolarEdge & Shoals Technologies
Thursday, May 20, 2021 - 1:50pm | 405Solar stocks have taken a beating in the past three months, but one analyst says now is the time to buy the dip in Shoals Technologies Group Inc (NASDAQ: SHLS) and Solaredge Technologies Inc (NASDAQ: SEDG). The Analyst: Goldman Sachs analyst Brian Lee upgraded Shoals from Neutral to Buy and cut his...
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Will The Sun Shine Or Dim On Solar Energy Stocks? An Analyst Illuminates The Issue
Tuesday, March 23, 2021 - 2:18pm | 658In the past month, solar stocks have underperformed in the broader market, but there are bargains in the sector that could be picked up amid improving fundamentals, according to an analyst at Goldman Sachs. The Solar Stock Analyst: Brian Lee upgraded shares of Sunrun Inc (NASDAQ: RUN), with a...
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Goldman Downgrades First Solar To Sell Despite Positive Stance On Industry
Tuesday, January 5, 2021 - 11:45am | 297The solar industry has several encouraging catalysts ahead, including attractive financing conditions and renewed policy support. The thesis apparently doesn't apply equally to all companies, however, as Goldman Sachs turned bearish on First Solar, Inc. (NASDAQ: FSLR). The First Solar Analyst:...
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Goldman Sachs Upgrades Residential Solar Stocks
Tuesday, June 18, 2019 - 11:11am | 540Solar stocks have made a big comeback so far in 2019, with the INVESCO EXCHANG/SOLAR ETF (NYSE: TAN) up 48.5% year to date. However, one Wall Street analyst said Tuesday residential solar stocks will continue to shine in the second half of the year. The Analyst Goldman Sachs analyst Brian Lee...
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Goldman Sachs Warms Up To Solar Stocks In 2019
Thursday, January 3, 2019 - 12:30pm | 468The sun may be rising on solar stocks in 2019, but according to one Wall Street analyst several popular solar stocks may be left in the shade this year. The Analyst Goldman Sachs analyst Brian Lee made the following adjustments to his solar coverage: First Solar, Inc. (NASDAQ: FSLR) upgraded from...
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TerraForm Power Upgraded By Goldman Sachs: 'We See Strong Visibility To Hit Growth Expectations'
Wednesday, September 12, 2018 - 2:23pm | 317Goldman Sachs is optimistic on the future of wind and solar power company TerraForm Power Inc. (NASDAQ: TERP) as regulatory and funding risks continue to fade. The Analyst Analyst Brian Lee upgraded TerraForm from Sell to Neutral and maintained an $11 price target. The Thesis TerraForm...
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Goldman Sachs: Acuity Brands' Risk-Reward Profile Has Turned Unfavorable
Wednesday, September 12, 2018 - 2:00pm | 430Lighting manufacturing company Acuity Brands, Inc. (NYSE: AYI) is likely to see a challenging environment going forward, according to Goldman Sachs. The Analyst Analyst Brian Lee downgraded Acuity Brands from Neutral to Sell and lowered the price target from $132 to $126. The revised price...
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Pattern Energy Vs. TerraForm Power: A Clean Energy Pair Trade From Goldman Sachs
Thursday, March 15, 2018 - 12:35pm | 352The market for clean energy stocks can be extremely volatile, but new commentary from one Wall Street analyst could be used as the basis of a possible pair trade. The Analyst Goldman Sachs analyst Brian Lee reiterated his Buy rating and $22 price target for Pattern Energy Group Inc (NASDAQ: PEGI...
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Cree 'Picking Up Momentum' After M&A Deal, Goldman Sachs Upgrades From Sell
Wednesday, March 7, 2018 - 4:59pm | 392The case for selling Cree, Inc. (NASDAQ: CREE)'s stock no longer applies as the manufacturer of lighting products is "picking up momentum," according to Goldman Sachs. The Analyst Goldman Sachs' Brian Lee upgraded Cree's stock rating from Sell to Neutral with a 12-month...
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Pattern Energy's Headwinds Could Blow Over, Goldman Sachs Upgrades
Wednesday, December 6, 2017 - 4:31pm | 343Pattern Energy Group Inc (NASDAQ: PEGI), a power company that focuses on wind, solar and transmission projects in the U.S., has underperformed recently, offering investors an entry point, according to Goldman Sachs. The Analyst Goldman Sachs analyst Brian Lee upgraded shares from Neutral to Buy,...
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Goldman Sachs: Newly Public Evoqua Water Technologies Leads Fragmented Market
Monday, November 27, 2017 - 3:21pm | 401Evoqua Water Technologies Corp (NYSE: AQUA) is No. 1 in water treatment market share in North America, according to Goldman Sachs. A new initiation report said the company is positioned favorably to capitalize on steady end-market growth through share gains, international expansion and M&A...
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Goldman Sachs Expects Solar Names To Fall Short Of Expectations In Q3, Election Could Be 'Bigger Catalyst'
Wednesday, October 26, 2016 - 7:59am | 627Most Solar companies are likely to miss expectations in Q3, “extending the challenging setup for stocks that has persisted recently,” Goldman Sachs’ Brian Lee said in a report. He added, however, that the upcoming US election and the disparity in the views on climate change of...
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Goldman Sachs' Mixed Bag Of Solar Ratings
Friday, October 7, 2016 - 8:24am | 771Solar stocks have lost about 40 percent year-to-date, against the backdrop of a tough cyclical environment. While saying it seemed too early to expect a cyclical inflection, Goldman Sachs’ Brian Lee mentioned in a report that it was “time to pick through the cycle, not buy it....