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News Breaks
June 25, 2014
08:54 EDTSCTY, SPWRSunPower price target raised to $48 from $42 at RW Baird
Baird raised its price target on SunPower (SPWR) to $48 from $42 as they believe SolarCity's (SCTY) move upstream validates the company's business model. The firm also believes SunPower is best positioned for domestic and international growth in the intermediate term and has the potential to spin-off its residential business. Baird keeps its Outperform rating on the stock.
News For SPWR;SCTY From The Last 14 Days
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November 29, 2015
20:19 EDTSCTY, SPWRBill Gates to announce multibillion-dollar clean energy fund, Bloomberg says
Bill Gates and certain of his fellow philanthropists will announce Monday a multibillion-dollar fund for clean-energy technologies, reports Bloomberg. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunEdison (SUNE), SunPower (SPWR), Trina Solar (TSL), Solar City (SCTY) and Yingli Green Energy (YGE). Reference Link
November 25, 2015
08:36 EDTSCTYSolarCity CFO retirement likely stems from strategy change, says Roth Capital
After SolarCity's CFO announced that he would retire in February, Roth Capital says the news "feels sudden." However, the firm thinks the CFO's departure stems from the recent change in the company's strategy. Roth reiterates a $55 price target and Buy rating on the shares.
November 24, 2015
16:18 EDTSCTYSolarCity CFO Brad Buss plans to retire
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November 23, 2015
14:35 EDTSCTYSenators ask Treasury Secretary for update on SolarCity probe, Republic says
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November 18, 2015
08:11 EDTSCTYMusk, Silver Lake investing over $100M in SolarCity, NY Times reports
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