Brian Lee

Cree, Inc (NASDAQ: CREE) shares are down 16 percent year-to-date, despite an 8 percent appreciation in the last one month. Goldman Sachs’ Brian Lee downgraded the rating on the company to sell, while establishing a price target of $21. An expected decline in the company’s...

SolarCity (NASDAQ: SCTY), slated to post results Thursday after the bell, is among top picks of Goldman Sachs in the solar power sector. The company, which dominates the U.S. residential market for solar energy products and installation, is expected to post a loss of $0.99 per share on revenue...

Shares of SolarCity (NASDAQ: SCTY) and SunPower (NASDAQ: SPWR) are up 7.4 and 6.3 percent, respectively, following bullish comments from Goldman Sachs. Analyst Brian Lee expects a “solid” second quarter forecast of 120MW-130MW deployed for SolarCity, which would be a 50 percent increase quarter...

On Tuesday, SolarCity (NASDAQ: SCTY) reported its fourth quarter results. The company handily beat the consensus EPS by reporting a loss of $0.46 share and reported $47.30 million. Analysts were looking for the company to report a loss of $0.56 per share on revenue of $45.27 million. SolarCity...

Goldman Sachs analyst Brian Lee downgraded Solazyme (NASDAQ: SZYM) Tuesday morning, lowering rating from Buy to Neutral and a price target of $13.50. Lee explains the rating change, "We remain positive on the longer-term potential for Solazyme and see 2014 as a pivotal execution year as the...

In a report published Monday, Goldman Sachs analyst Brian Lee analyzed the 2014 outlook and solar energy. Lee downgraded First Solar (NASDAQ: FSLR) from Buy to Sell and lowered the price target from $61.00 to $45.00. Despite that First Solar accounts for 65% of the market, the “robust” demand for...

In a report published Monday, Goldman Sachs analyst Brian Lee analyzed the 2014 outlook and solar energy. Lee added SolarCity (NASDAQ: SCTY) to a top pick for 2014 and upgraded the company from Neutral to Buy with a $15.00 price target increase to $80.00. Goldman Sachs noted SolarCity's...

In a report published Tuesday, Goldman Sachs analyst Brian Lee resumed coverage on Quanta Services (NYSE: PWR) with a Neutral rating and $29.00 price target. In the report, Goldman Sachs noted, “We resume coverage of Quanta Services with a Neutral rating and a $29, 12-month price target, implying...

In a report published Thursday, Goldman Sachs analyst Brian Lee reiterated a Conviction List-Buy Rating on SunEdison (NYSE: SUNE), and raised the price target from $13.00 to $15.00. In the report, Goldman Sachs noted, “Following investor meetings with SunEdison's CFO on Wednesday, November 13, we...

In a report published Thursday, Goldman Sachs analyst Brian Lee reiterated a Neutral rating and $65.00 price target on SolarCity Corp. (NASDAQ: SCTY). In the report, Goldman Sachs noted, “SolarCity reported solid 3Q13 results, highlighted by higher retained value per watt and lower costs. 3Q13 MWs...

In a report published Tuesday, Goldman Sachs analyst Brian Lee reiterated a Neutral rating on Polypore International (NYSE: PPO), but lowered the price target from $39.00 to $37.00. In the report, Goldman Sachs noted, “Polypore reported 3Q13 below expectations on weaker-than-expected electric...

In a report published Tuesday, Goldman Sachs analyst Brian Lee reiterated a Sell rating and $24.00 price target on Veeco Instruments (NASDAQ: VECO). In the report, Goldman Sachs noted, “Earlier today, Veeco filed current 10-Qs for 3Q12, 1Q13, and 2Q13, plus its 10-K for 2012. We expect the company...

In a report published Friday, Goldman Sachs analyst Brian Lee initiated coverage on Acuity Brands (NYSE: AYI) with a Neutral rating and $85.00 price target. In the report, Goldman Sachs noted, “We initiate coverage of Acuity Brands – a lighting products company – with a Neutral rating and 3%...