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Solar City, First Solar Trade In Opposite Directions Amid Sunedison Blowout
Tuesday, April 5, 2016 - 1:23pm | 282Tuesday's trading session is proving to be a confusing one for many investors. First, there's Sunedison Inc (NYSE: SUNE)'s 80 percent surge on no relevant news. Meanwhile, shares of SolarCity Corp (NASDAQ: SCTY) spiked higher by nearly 5 percent while shares of First Solar, Inc. (...
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Canadian Solar Management Has Analysts Confident After Latest Meeting
Tuesday, March 29, 2016 - 12:29pm | 334Stifel’s Sven Eenmaa reiterated a Buy rating on Canadian Solar Inc. (NASDAQ: CSIQ), with a price target of $28. Gross Margin Outlook Following a meeting with management, Eenmaa mentioned he was “incrementally positive on the company’s gross margin outlook for 2016 benefiting...
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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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Stifel Starts SolarCity At Buy, Sees 'Sizable Underpenetrated Market Opportunity'
Thursday, September 24, 2015 - 9:00am | 382Shares of SolarCity Corp (NASDAQ: SCTY) have been particular volatile year-to-date, trading as low as $34.65 and as high as $65.60. Sven Eenmaa of Stifel initiated coverage of SolarCity with a Buy rating and $64 price target. Eenmaa noted SolarCity's leading 34 percent market share in...
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Stifel Calls Canadian Solar 'One Of The Leading Producers'
Thursday, September 24, 2015 - 8:55am | 271Canadian Solar, Inc. (NASDAQ: CSIQ) has seen a 47.78 percent decline in its share price in the past three months. Stifel’s Sven Eenmaa has initiated coverage of Canadian Solar with a Buy rating and price target of $25. Eenmaa believes that the company has among the leading...
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We Still Love First Solar, Even After The 8point3 IPO, Stifel Says
Tuesday, June 23, 2015 - 11:29am | 253In a report published Tuesday, Stifel analyst Sven Eenmaa reiterated a Buy rating and $81 price target on First Solar, Inc. (NASDAQ: FSLR), following the pricing of the 8Point3 Energy Partners LP (NASDAQ: CAFD) IPO. "We see several tailwinds for First Solar ranging from additional fully-developed...
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Stifel Reiterates Buy, Raises PT On Acuity Brands On F2Q15 Preview
Monday, March 30, 2015 - 9:49am | 182In a report published Monday, Stifel analyst Sven Eenmaa reiterated a Buy rating on Acuity Brands, Inc. (NYSE: AYI), and raised the price target from $185.00 to $188.00. In the report, Stifel noted, "Acuity is scheduled to report its February quarter (F2Q15) results on April 1 before the market...
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UPDATE: Stifel Initiates Coverage On FuelCell, Shares Trending Up
Wednesday, May 28, 2014 - 12:07pm | 95In a report issued Wednesday, Stifel initiated coverage on FuelCell Energy (NASDAQ: FCEL) with a rating of Buy and a target price of $2.90. Analyst Sven Eenmaa sees that FuelCell is an increasingly cost-competitive source of energy, which makes it very attractive. Eenmaa also sees that FuelCell's...
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UPDATE: Stifel Resumes Coverage On Cree, Weary On Near-Term Growth
Wednesday, May 28, 2014 - 10:44am | 232In a morning summary published Wednesday, Stifel analyst Sven Eenmaa resumed coverage of Cree (NASDAQ: CREE) with a Hold rating and fair value estimate range of $46.00 to $54.00. The analyst remarked that the company is well positioned to benefit from LED technology adoption in general lighting...
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Thomas Weisel Partners Raises Finisar (FNSR) Price Target To $16
Thursday, March 4, 2010 - 9:45am | 160Thomas Weisel Partners analysts Ajit Pai and Sven Eenmaa maintained their Overweight rating for shares of Finisar Corporation (Nasdaq: FNSR), while raising the price target from $14 to $16. The company provided guidance well above Thomas Weisel Partners' and Wall Street's estimates. The analysts...
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Thomas Weisel Partners Lowers BTU International (BTUI) Price Target To $6.25
Wednesday, March 3, 2010 - 3:18pm | 161Thomas Weisel Partners analysts Jeff Osborne, Scott Reynolds and Sven Eenmaa maintained their Market Weight rating for shares of BTU International, Inc. (Nasdaq: BTUI), while lowering the price target from $7.50 to $6.25. The analysts said that although BTU International reported revenue below...