SolarCity (SCTY) Posts Q3 Profit Versus Expected Loss, Sales Miss
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SolarCity (SCTY) Price Target Trimmed to $88 at Goldman Sachs
November 6, 2014 9:01 AM ESTGoldman Sachs maintained a Conviction Buy rating on SolarCity (NASDAQ: SCTY) and lowered its price target to $88.00 (from $90.00). 2014E-16 EPS estimates were adjusted to $(3.79)/(4.32)/(2.95) from $(4.14)/(3.34)/(1.14).
Analyst Brian Lee said, "At 230MW, new bookings hit another volume record and were +6% qoq, although we think bullish investor views... More
BofA/Merrill Lynch Maintains Buy, $95 PT on SolarCity (SCTY) Following Solid Q3
November 6, 2014 7:00 AM ESTBofA/Merrill Lynch analyst Krish Sankar reiterated a Buy rating and $95 price target on SolarCity (NASDAQ: SCTY) following strong bookings and execution in Q3.
Sankar commented, "SolarCity continued its strong execution in 3Q14 with bookings of 230MW versus our 200MW estimate,... More
