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IPO Preview: Endeavor Group, FTC Solar And Several Medical Offerings Top The Week
Monday, April 26, 2021 - 10:07am | 651This week’s IPO calendar has several offerings on the docket. Many of the names are unfamiliar to most investors but are in areas that could see growth. FTC Solar: Solar tracker systems company FTC Solar (NASDAQ: FTCI) plans to sell 18.4 million shares at a price between $18 and $20. The...
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3 Stocks At 52-Week Lows That Could Bounce Big
Thursday, March 11, 2021 - 2:20pm | 632An important indicator for investors to consider could be a stock's 52-week trading range, the range shows the lowest and highest price that a particular stock has traded at over the last trailing 52 weeks. Here is a look at three stocks at 52-week lows that could bounce. Berkeley Lights:...
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16 Electrifying SPACs For Investors To Consider During The Biden Presidency
Wednesday, January 27, 2021 - 8:45am | 902Here are several SPACs that could benefit from a President Joe Biden administration. Charging Infrastructure: Biden has called for more than 500,000 charging stations across the U.S. This could help a company like Switchback Energy Acquisition Corp (NYSE: SBE) to bring ChargePoint public...
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Sunlight Financial Strikes Deal With Apollo SPAC, Chamath Palihapitiya PIPE
Monday, January 25, 2021 - 12:53pm | 529A solar based company lands a SPAC deal on Monday from an impressive list of financial backers. The SPAC Deal: Sunlight Financial is going public with Spartan Acquisition Corp II (NYSE: SPRQ). This is the second Spartan Acquisition SPAC from Apollo Global Management (NYSE: APO). The first SPAC from...
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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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This Solar Play Just Got A Big Earnings + Election Boost
Friday, November 6, 2020 - 4:22pm | 456Array Technologies (NASDAQ: ARRY) went public in October and has seen its shares rise as the solar energy market hits a bull market on a potential Joe Biden win in the 2020 election. Shares are up 14% to $44.94 on Friday and hit a new all-time high of $48.88 earlier in the morning. Q3 Earnings...
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2 First Solar Analysts Take Opposite Sides Of Trade Before Q3 Report
Monday, October 26, 2020 - 4:40pm | 466Heading into First Solar, Inc.'s (NASDAQ: FSLR) third-quarter report on Tuesday, Wall Street analysts are switching their stances on the solar company. The First Solar Analysts: Roth Capital analyst Philip Shen upgraded First Solar from Neutral to Buy with a price target lifted from $65 to $100...
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Solar Could Become 'The New King': World Energy Outlook Report
Tuesday, October 13, 2020 - 3:45am | 799The International Energy Agency (IEA) published its annual energy outlook report Tuesday, where it explores various scenarios of energy demand in the future, government regulations, renewable energy, the Paris accord, and the COVID-19 crisis. Impact Of COVID-19 Remains Uncertain: The...
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2 Solar Stocks Among Our Top Charts To Watch
Wednesday, September 18, 2019 - 12:07pm | 373Solar stocks rallied Tuesday amid instability over Mid-East oil, with two of them among our top charts to watch. First Solar, Inc. (NASDAQ: FSLR) jumped $2.38 to $65.82 on 1.5 million shares, or 1 1/2 times its average volume. The move, on no news, broke the stock out of a 6-week base pattern...
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With A Take-Private Deal Still In Play, JPMorgan Downgrades Canadian Solar On Valuation
Monday, October 22, 2018 - 12:32pm | 393Shares of solar energy manufacturer Canadian Solar Inc. (NASDAQ: CSIQ) have surged over 24 percent since June on higher gross margins, strong growth and relaxed tariffs. The Analyst JPMorgan analyst Paul Coster downgraded Canadian Solar from Neutral to Underweight and reiterated a $15 price...
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SunPower Escapes $200M In Tariffs, Notches Upgrade From BofA
Thursday, October 4, 2018 - 11:10am | 392Solar panel manufacturer SunPower Corporation (NASDAQ: SPWR) was granted a tariff exemption for its made-in-Mexico panels, leading Bank of America Merrill Lynch to drop its bearish thesis. The Analyst BofA's Julien Dumoulin-Smith upgraded SunPower from Underperform to Neutral with a...
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Sunrun's Execution Risk, Cost Trajectory Concerns Have Eased, BofA Says In Upgrade
Tuesday, September 11, 2018 - 3:56pm | 409An "overreaction" to Sunrun Inc (NASDAQ: RUN)'s earnings report in early August presents an opportunity for investors to buy the stock ahead of an era of "more confidence and less risk," according to Bank of America Merrill Lynch. The Analyst Analyst Julien Dumoulin-...
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Bank Of America Upgrades Sunrun After Post-Q2 Pullback
Monday, August 13, 2018 - 2:23pm | 343Sunrun Inc (NASDAQ: RUN)'s notable move lower last week in reaction to the solar power company's second-quarter report put an end to Bank of America Merill Lynch's bearish stance on the stock. The Analyst BofA's Julien Dumoulin-Smith upgraded Sunrun from Underperform to...
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Powering Down: Morgan Stanley Cites Valuation Concerns In Sunrun Downgrade
Friday, August 3, 2018 - 11:36am | 357With the stock up more than 150 percent since the start of 2018 and 60 percent since April alone, the bullish case for Sunrun Inc (NASDAQ: RUN) is over, according to Morgan Stanley. The Analyst Analyst Stephen Byrd downgraded Sunrun from Overweight to Equal-weight with a price...
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Enphase Energy's 35% Surge, Explained
Wednesday, June 13, 2018 - 1:54pm | 310Shares of Enphase Energy Inc (NASDAQ: ENPH) surged higher by more than 35 percent Wednesday morning in reaction to an acquisition announcement. What Happened Enphase said it acquired SunPower Corporation (NASDAQ: SPWR)'s microinverter business for $25 million in cash and 7.5 million...