New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 28, 2013
10:21 EDTTOT, SPWRSunPower climbs after analyst says stock can continue run-up
Shares of solar energy company SunPower (SPWR), which have jumped about 175% in the last three months, are advancing again after Citigroup analyst Shahriar Pourreza wrote that the company's stock can advance further. SunPower has a number of positive catalysts, including greater investor interest in solar energy stocks and the expansion of third party financing for solar energy companies, the analyst stated in a note to investors earlier today. Moreover, SunPower's joint venture in Japan should generate significant growth and it is well-positioned to win a sizable share of new projects in the Middle East, which is expected to become a major player in solar energy, Pourreza contends. Finally, Total's (TOT) 66% stake in SunPower puts a floor under the stock and SunPower should benefit from its diverse product pipeline, added the analyst. Pourreza's price target on the shares was increased to $16 from $12 and the analyst maintained a Buy rating on the stock, which rose 80c, or 7%, to $12.50 in early trading.
News For SPWR;TOT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 22, 2015
09:57 EDTTOTOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:00 EDTTOTBP upgraded to Neutral on reduced Russia risk at JPMorgan
JPMorgan upgraded BP (BP) to Neutral citing less risk in Russia and a pathway to cash flow neutrality in 2017. JPMorgan this morning also upgraded Total (TOT) to Overweight and Eni SpA (E) to Neutral.
05:31 EDTTOTTotal upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information
May 11, 2015
13:28 EDTTOTOPEC sees oil at around $76 a barrel in 2025, WSJ says
Subscribe for More Information
05:05 EDTSPWRApple announces environmental initiatives in China
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use