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FBR Capital Initiate Positive Ratings On Three Energy Stocks: Sunedison Inc $$$$$ Scott Fields, Editor — December 18, 2015, 3:26 PM EDT FBR Capital analyst Carter Driscoll came out yesterday with new ratings and price targets on a handful of energy stocks. Lets take a look and see what Driscoll has to say about Sunedison Inc (NYSE:SUNE), >>>>>>>> Driscoll initiated coverage on shares of SunEdison with an Outperform rating and price target of $10.50, which implies an upside of 62% from current levels.
Driscoll wrote, “We believe SunEdison has one of the best business portfolios in the industry, consisting of solar upstream manufacturing assets, a large global pipeline with strong project origination, development capabilities, and the potential to monetize the value of its project pipeline through multiple financing options. However, faced with challenging capital markets, the company just undertook a shift in strategy that involves more third-party project and warehouse sales (versus asset dropdowns into its Yield Cos.), a focus on driving margin expansion and closing/integrating a somewhat controversial acquisition of residential solar developer, Vivint Solar.”
“We believe there are some early signs that the company is beginning to execute on the new strategy. We believe the company still faces some execution risks and is not suited for all investors, but the proposed ITC extension helps provide a tailwind to U.S. solar demand and could help unlock more value in the shares,” the analyst added.
Out of the 14 analysts polled by TipRanks in the last 3 months, 9 rate SunEdison stock a Buy, 3 rate the stock a Hold and 2 recommend a Sell. With a return potential of 81.47%, the stock’s consensus target price stands at $13.93.
http://www.smarteranalyst.com/2015/12/18/fbr-capital-initiate-positive-ratings-and-price-targets-on-three-energy-stocks-sunedison-inc-sune-fuelcell-energy-inc-fcel-canadian-solar-inc-csiq/
They know something,,,maybe some Spicy PR comin.
Yaaa- Baby
Yep JIMI IT will be Epic here all week.
See ya tomarrow Shorty....LOOK OUT!
Shorty workn HAAAAARD.! Don't Stumble - you Will get Run Over shortly.
This TRADE will get back in the teens.
Yesssss JIMI! We are getting to that Spot Shorty Dreads....
YA!!!! C- min baby...let's SEE EOD $6.80 plus?
YA!!!! C- min baby...let's SEE EOD $6.80 plus?
Let's see if she closes $6.70 min. Or higher...
Bought more here..seems ready.
agree Tob...
Needs to test 1st support and try this again?
The major part of the short have shorted the stock between 6.5 and 10. 75% of the short have sold against these prices.
Moving forward, I have an overwhelmingly positive opinion of what we can expect to see from SUNE. As renewable energy continues to be separated from the overall energy sector, we're likely to see larger demand, higher sales volume, and ultimately investor excitement that drives the stock upward. At this point, if you don't have SUNE in your portfolio yet, you may want to strongly consider adding it.... http://cnafinance.com/sunedison-sune-stock-gains-are-far-from-over/7719
While the landmark deal in Paris is enough to send SUNE skyrocketing, it's not the only piece of good news that the company has gotten recently. In fact, on Friday, the US Government completed a crucial vote that will likely lead to higher sales volume for Sunedison
U Nailed it ! > The major part of the short have shorted the stock between 6.5 and 10. 75% of the short have sold against these prices.
Hawks > Beast Mode > SUNE
Correction made ;)
oooops - typo :(
There was a bunch of buying from the $6.30's through the $6.50's late Friday....Those peeps thought things "Where Looking Good" as one stated that jumped back in ;) And were obviously not skeptical just the reverse......Shorts DO NOT want this to go north of $6.50......Major, Major squeeze if it does...
You know what to do!
ITS called RSI.....@66....room to run to 9,s I believe,,, if it wanted to..
Hate to say it but this will see $2 Monday I.e. delayed reaction to analyst SELL DOWN GRADE on Friday..
Shorts fought Hard to keep this under the $6.50's (actually the last couple of days) at close..It was so obvious and when I saw that big block RIGHT at $6.50 in the last minute of trading, I was convinced we are very near another SQUEEZE as 1) they fought hard to keep it under $6.50 and the MAIN reason is #2) the major part of the short have shorted the stock between 6.5 and 10. 75% of the short have sold against these prices.
SUNEDISON & Yieldcos : TERRAFOM GLOBAL (GLBL) - TERRAFORM POWER (TERP) >>>>>>>> Sunedison and yieldcos should thrive in 2016 and beyond. >>>>> When SunEdison's stock started to fall apart in June, it wasn't a surprising earnings report or a bad news statement that caused the fall. It was the decline of the company's two yieldcos, TerraForm Power and TerraForm GLOBAL - SunEdison was going to use these yieldcos as a place to drop down renewable energy assets as they were built, and the yieldcos were counting on access to public markets for both equity and debt financing to buy those projects. As stocks fell, the house of cards SunEdison had built crumbled. >>>>>> TERRAFORM POWER has more than doubled recently , $6.90-$13.20. And TERRAFORM GLOBAL is close to doubling, $3.86-$5.60... Both will benefit from recent events from domestic and foreign investment and tax breaks. >>>>>>> Hence,there's been a recovery in those yieldcos, most importantly TerraForm Power. The recovery of those Yieldcos will put SUNE back to where it once was (as they were the main driver of SUNE's demise earlier in the Fall). The federal Tax exemption is Huge for all 3 and will reset Market dynamics soon. Analysts forcasts are conservative... 2016 should be an interesting year - Stay Tuned ;) >>>>>>>> .
New followers all the time coming to the Board...Sumthins UP ;)
its way far from being over bought - jeeeepers ? rsi in the 60's but ive seen trades go through 90 most slow down around 70-80.....you have a lot of questions...all I can tell you is, is that there IS and will be lots of accumulation...Not every day will be green etc,etc,etc.....know what you own and NEVER buy anything that you think doesn't have upside...
Thanks
Double that figure if Yeildcos keep moving up, say 2x from thier current position.
SUNEDISON & Yieldcos : TERRAFOM GLOBAL (GLBL) - TERRAFORM POWER (TERP) >>>>>>>> Sunedison and yieldcos should thrive in 2016 and beyond. >>>>> When SunEdison's stock started to fall apart in June, it wasn't a surprising earnings report or a bad news statement that caused the fall. It was the decline of the company's two yieldcos, TerraForm Power and TerraForm GLOBAL - SunEdison was going to use these yieldcos as a place to drop down renewable energy assets as they were built, and the yieldcos were counting on access to public markets for both equity and debt financing to buy those projects. As stocks fell, the house of cards SunEdison had built crumbled. >>>>>> TERRAFORM POWER has more than doubled recently , $6.90-$13.20. And TERRAFORM GLOBAL is close to doubling, $3.86-$5.60... Both will benefit from recent events from domestic and foreign investment and tax breaks. >>>>>>> Hence,there's been a recovery in those yieldcos, most importantly TerraForm Power. The recovery of those Yieldcos will put SUNE back to where it once was (as they were the main driver of SUNE's demise earlier in the Fall). The federal Tax exemption is Huge for all 3 and will reset Market dynamics soon. Analysts forcasts are conservative... 2016 should be an interesting year - Stay Tuned ;) >>>>>>>> .
Steep trajectory = I LIKE IT !
Nice post...yes I'm at the Casino..:)
On my way actually...
18 isn't that high, very doable...not saying next week but that's about mid range where it has been....will also say that even when it settles out and slows a bit down (not until $9-$10) imho,,,it can and has gapped up big at its normal trading range...
18 isn't that high, very doable...not saying next week but that's about mid range where it has been....will also say that even when it settles out and slows a bit down (not until $9-$10) imho,,,it can and has gapped up big at its normal trading range...
Done !!!
My app on my phone keeps sending double posts, sorry :(