SolarCity Q1 deployment guidance likely below Street, says Needham Needham thinks shares of SolarCity will be under pressure in the near-term after its Q1 deployment guidance likely missed the Street's expectation. It keeps a Hold rating on the stock.
SolarCity reiterated as a top pick at Goldman Goldman believes SolarCity's $500M convertible offering yesterday, the closing of its Silevo acquisition, and New York state financing package removes an overhang. The firm views recent weakness as an attractive entry point and reiterates SolarCity as a top pick in the sector. Shares are Conviction Buy rated with a $96 price target.
Stocks with call strike movement; SCTY TWTR SolarCity (SCTY) February 72.5 call option implied volatility decreased 3% to 54, Twitter (TWTR) January 62.5 call option implied volatility increased 2% to 47 according to IVolatility.