Michael Morosi

SolarCity Corp (NASDAQ: SCTY) reported its 1Q16 results with the revenues ahead of the consensus and estimate and the non-GAAP EPS missing expectations. Avondale Partners’ Michael Morosi maintains a Market Outperform rating on the company, with a price target of $40. There Is A Silver Lining...

SolarCity Corp (NASDAQ: SCTY) has announced a $227 million cash equity raise, a move that could ease the worries of traders concerned with the company’s softening guidance. Avondale Partners analyst Michael Morosi sees the cash financing as a “major catalyst” for the stock....

First Solar, Inc. (NASDAQ: FSLR)'s Analyst Day fell short of investor expectations, as investors were expecting the company to provide 2017 guidance as it has in the past. While 2017 guidance was not given, First Solar did provide a long-term vision that pacified Wall Street, who still remains...

In a new report, Avondale Partners analyst Michael Morosi took a look at some of the market-moving headlines among YieldCos this week. According to Morosi, earnings will likely continue to be the market’s top concern. “YieldCo’s have delivered generally in-line reports with...

Wall 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....

Sunedison Inc (NYSE: SUNE) shares largely bucked off commentary from Axiom's Gordon Johnson on Tuesday highlighting the potentially "scary" scenario the company would be in if it misses a coming preferred dividend payment. According to Johnson, Sunedison was due to announce its...

Sunedison Inc (NYSE: SUNE) shares have plunged 62 percent since December 21. Avondale's Michael Morosi maintained a Market Outperform rating for the company, with a price target of $7. SunEdison’s catalyst is deferred and strategy muddled, Morosi stated. Following the sharp...

Investors in SunEdison Inc (NYSE: SUNE) received a spook Wednesday morning, as a Reuters report of a suit against the company by David Tepper and Appaloosa Investment Limited Partnership hit newswires. While shares initially moved higher following the opening bell at 9:30 a.m. EST, sellers...

Shares of Sunedison Inc (NYSE: SUNE) have plunged 46.29 percent over the past five trading days, dropping almost to their 52-week low on Tuesday at $2.714. Avondale’s Michael Morosi maintained a Market Outperform rating on the company, with a price target of $7. Morosi mentioned...