SolarCity accepts Tesla's $2.6 billion offer; both shares fall
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/9/2026
Go back to SolarCity accepts Tesla's $2.6 billion offer; both shares fall
August 2, 2016 6:25 AM EDT
Baird downgraded SolarCity (NASDAQ: SCTY) from Outperform to Neutral with a price target of $25.00 (from $37.00) after the company reached a merger agreement under which SCTY shareholders will receive 0.11 TSLA shares per SCTY share.
"Although SCTY has a 45-day go-shop period which could... More
August 1, 2016 11:17 AM EDT
Needham & Company analyst Y. Edwin Mok weighed in on SolarCity (NASDAQ: SCTY) after the company and Tesla (NASDAQ: TSLA) announced a finalized merger agreement. The analyst sees the deal getting done.
Mok commented, "We believe SCTY... More
August 1, 2016 11:01 AM EDT
Roth Capital affirms SolarCity (Nasdaq: SCTY) at Neutral with a $19 price target after the company and Tesla (Nasdaq: TSLA) announced entering a merger agreement today.
Analst Philip Shen commented, TSLA/SCTY co-hosted a conference call providing... More
