SolarCity acquisition increases intermediate risks, says RW Baird Baird believes the acquisition of panel maker Silevo by SolarCity is incrementally positive and should reduce overall supply risks, but introduces both scale-up and integration risks. Baird said SolarCity should be valued on the volume of MW's it installs and not on profitability, as it is positioning itself for sizable cash flows in the future. The firm keeps its Outperform rating and $80 price target on the stock.
News For SCTY From The Last 14 Days
Check below for free stories on SCTY the last two weeks.
Stocks with call strike movement; PBR SCTY Petrobras (PBR) January 20 call option implied volatility increased 2% to 54, SolarCity (SCTY) January 80 call option implied volatility increased 3% to 53 according to IVolatility.