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Credit Suisse Downgrades SunPower On Valuation, Disappointing Q1 Revenue
Monday, February 22, 2021 - 12:45pm | 264SunPower Corporation’s (NASDAQ: SPWR) margin expansion could slow in late 2021 and 2022 due to rising rates, according to Credit Suisse. The SunPower Analyst: Maheep Mandloi downgraded SunPower to Underperform, while keeping the price target at $23. The SunPower Thesis: Although the...
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SunEdison-Renova Deal Cancellation Could Be Great For Investors
Tuesday, December 1, 2015 - 2:52pm | 408TerraForm Power Inc (NASDAQ: TERP), a subsidiary of Sunedison Inc (NYSE: SUNE), was in negotiations to take control of generation assets from Renova Energia SA, a Brazilian renewable energy company. The acquisition would take the form of a share swap valued at 13.4 billion Reais ($3.45 billion...
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Credit Suisse Defends Sunedison, Says Sell-Off On Margins Is Unwarranted
Thursday, August 6, 2015 - 3:34pm | 294Shares of Sunedison Inc (NYSE: SUNE) were down more than 25 percent on Thursday, after the company missed earnings estimates on the back of lower-than-expected third-party sales and a higher mix of retained projects. For the second quarter of 2015, the company reported a net loss of ($0.67...