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Oppenheimer On SunRun: Will Benefit From 'Still Underpenetrated' Residential Solar Installation Market
Tuesday, June 21, 2016 - 6:36pm | 124Sunrun Inc (NASDAQ: RUN) shares received a new Outperform rating and $8 price target on Tuesday. Oppenheimer analyst Colin Rusch initiated coverage in a note that suggested, "We believe that RUN has significant growth potential within the residential solar market." The analyst also...
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American Superconductor Shares Initiated At Outperform By Oppenheimer
Tuesday, June 21, 2016 - 6:24pm | 151Oppenheimer's Colin Rusch initiated coverage on shares of American Superconductor Corporation (NASDAQ: AMSC) with an Outperform rating and $12 price target on Monday. "We believe AMSC has built a portfolio of value-added IP and is positioned to benefit in both its Windtec and Gridtec...
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Oppenheimer Shows Concern Related To Vivint Solar's Recent Exec Changes
Tuesday, June 21, 2016 - 5:39pm | 141Oppenheimer's Colin Rusch initiated Vivint Solar Inc (NYSE: VSLR) at Perform after recent management changes along with a failed takeout by SunEdison (OTC: SUNEQ). Rush believed the company's low per watt structure "will prove advantageous as it continues to build scale and expand...
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A Bull Previews SolarCity Earnings: Significant Execution Questions Need To Be Answered
Wednesday, May 4, 2016 - 8:15am | 331Oppenheimer’s Colin Rusch expects SolarCity Corp (NASDAQ: SCTY) to post “relatively light” results for 1Q16, while reaffirming its FY16 guidance. The analyst maintains an Outperform rating on the company, with a price target of $54. Execution With “solar earnings starting in...
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Will Tesla's Model 3 Cannibalize Demand For Model S And Model X?
Friday, April 1, 2016 - 9:05am | 408Tesla Motors Inc (NASDAQ: TSLA) unveiled the Model 3 on March 31, at the largely anticipated base price of $35,000. Oppenheimer’s Colin Rusch maintained an Outperform rating on the company, with a price target of $340, stating that Model 3 could prove “crucial to the long-term...
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Oppenheimer After Meeting Tesla IR: Everything's Great
Wednesday, March 16, 2016 - 9:50am | 293Oppenheimer’s Colin Rusch maintained an Outperform rating for Tesla Motors Inc (NASDAQ: TSLA), with a price target of $340, stating the company is on track to achieving the targeted production levels and generating positive cash flows. Model X A meeting with Tesla Motors officials...
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SunEdison Down Nearly 30% After Audit Investigation, Delayed Filing And Street Downgrade
Tuesday, March 1, 2016 - 10:55am | 239Shares of Sunedison Inc (NYSE: SUNE) were trading lower by nearly 30 percent shortly after Tuesday's market open. Investors and traders were reacting to SunEdison's announcement that it expects to file its 10-K regulatory filing within 15 calendar days after the due date. The company also disclosed...
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Why Oppenheimer Is Downgrading SunEdison: Unclear Liquidity
Tuesday, March 1, 2016 - 9:56am | 293Oppenheimer's Colin Rusch downgraded the rating on Sunedison Inc (NYSE: SUNE) to Perform, following the company filing a notification after hours on February 29 regarding its late 10-K filing. SunEdison expects to "file its 10-K within 15 calendar days after the due date," Rusch stated, while...
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Analysts Concerned On First Solar's Regulatory Outlook, But Cheer Stock Performance
Wednesday, February 24, 2016 - 12:40pm | 693Wall Street analysts were generally impressed with First Solar, Inc. (NASDAQ: FSLR)'s quarterly earnings report Tuesday, which saw the company dominate earnings estimates and solidly beat revenue consensus. The company provided fundamentals confidence by reporting efficiency increases....
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Tepper Not Only Reason For TerraForm Price Explosion: This Analyst Upgraded Stock Night Before
Tuesday, December 1, 2015 - 1:16pm | 410Shares of TerraForm Power Inc (NASDAQ: TERP) gained more than 20 percent on Tuesday. Investors and traders attributed the surge in the stock to notable hedge fund manager David Tepper's letter to management. Perhaps flying under the radar, Colin Rusch of Oppenheimer upgraded shares of...
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Oppenheimer Starts Ideal Power At Outperform
Thursday, October 22, 2015 - 9:55am | 244Ideal Power Inc (NASDAQ: IPWR) shares are down 20 percent since April 22, and have mostly remained below $8 since mid-July. Oppenheimer’s Colin Rusch initiated coverage of the company with an Outperform rating and a price target of $17. The company appears well positioned for steady...
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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Making Sense Of Tesla's Vehicle Delivery Miss
Monday, October 5, 2015 - 3:37pm | 310After the market closed on Friday, Tesla Motors Inc (NASDAQ: TSLA) announced that it delivered 11,580 vehicles in the third quarter of the year, which was just about inline with what the company projected at the end of Q2. Following the news, Oppenheimer reiterated an Outperform rating and $...
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Oppenheimer Reviews Tesla's Model X: 'Impressive As Expected'
Wednesday, September 30, 2015 - 1:39pm | 301Tesla Motors Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday presented the new Model X to the public. Reactions were mostly positive, and Oppenheimer analysts were no exception. Shares of Tesla were down more than 1 percent on Wednesday. After Tesla unveiled its newest car, the Model X,...
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Solar Still In The 'Early Innings,' Oppenheimer Says
Wednesday, September 9, 2015 - 10:45am | 556According to Colin Rusch of Oppenheimer, the solar sector represents a "high growth opportunity" due to improving cost structures, lower commodity risks and an improving policy environment. In a report published Tuesday, Rusch stated that solar is a "cost leader" for new...