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Canaccord Initiates Coverage On Solar Sector

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In Wednesday's morning summary, Canaccord Genuity initiated coverage on a number of companies in the solar sector.

The team at Canaccord noted, "The solar industry is utilizing new vehicles designed to lower the cost of capital through diversification, securitization, de-levering, etc. We believe that these innovations are the next great advancement in the industry."

Looking ahead, the team sees demand growing at a 10 percent CAGR in its bearish case and a 17 percent CAGR in its bullish case.

Buy

Latest Ratings for SCTY

DateFirmActionFromTo
Feb 2016BarclaysDowngradesOverweightEqual-weight
Feb 2016Credit SuisseMaintainsOutperform
Feb 2016Raymond JamesUpgradesOutperformStrong Buy

View More Analyst Ratings for SCTY
View the Latest Analyst Ratings

Posted-In: Canaccord Genuity SolarAnalyst Color News Price Target Initiation Analyst Ratings

 

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