Abengoa Yield (ABY +0.4%) is downgraded to Equal Weight from Overweight with a $23 price target, cut in half from a previous $46, at Morgan Stanley, citing concerns related to a lower growth outlook and the risk of parent Abengoa (ABGB -3.6%) not fully supporting using ABY to monetize completed contracted assets.
Purely My Own Opinion. Do Your Own Due Diligence.
“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty