SolarCity, SunPower Top Solar Ideas for Goldman Sachs Into Q1 Earnings

Shares of

and

are up 7.4 and 6.3 percent, respectively, following bullish comments from Goldman Sachs. Analyst Brian Lee expects a “solid” second quarter forecast of 120MW-130MW deployed for SolarCity, which would be a 50 percent increase quarter over quarter. SunPower is set up for a “catch-up” trade, according to Lee. The analyst is less bullish on

and said key metrics are unlikely to impress.