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Timothy Smith

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Timothy Smith

Re: mouton29 post# 12133

Sunday, 02/21/2016 4:13:37 AM

Sunday, February 21, 2016 4:13:37 AM

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Janney and Credit Suisse have joined the ranks of firms downgrading SunEdison (SUNE -5.6%), with each cutting shares to Neutral. The battered solar/wind project developer is $0.06 above a low of $1.37.

Credit Suisse cites an "uncertain near-term liquidity profile." However, the firm doesn't think SunEdison needs to restructure its debt or faces near-term insolvency.

"Put simply, SunEdison has tried to run too quickly - seeking hyper growth at the same time capital markets are more challenged - constraining their balance sheet,"

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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