Sunedison Inc. (fka SUNEQ)

[cyclone101]

It does show a bit of positive-ness in a time of all the yelling -- 'run'

I was actually relieved to see not one, but multiple company are doubling down & or adding to their current position.

RE:

Sunedison Inc (SUNE) Earns Neutral Rating from Robert W. Baird
Posted by mitch on Apr 12th, 2016 // No Comments

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Sunedison Inc logoRobert W. Baird restated their neutral rating on shares of Sunedison Inc (NASDAQ:SUNE) in a research note issued to investors on Thursday, ARN reports.

Other hedge funds and institutional investors have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. increased its position in shares of Sunedison by 428.3% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 329,908 shares of the company’s stock valued at $1,679,000 after buying an additional 267,465 shares during the last quarter. OppenheimerFunds Inc. increased its position in shares of Sunedison by 79.1% in the fourth quarter. OppenheimerFunds Inc. now owns 28,921,411 shares of the company’s stock valued at $147,210,000 after buying an additional 12,775,211 shares during the last quarter. Investment House LLC purchased a new position in shares of Sunedison during the fourth quarter valued at approximately $641,000. Commerzbank Aktiengesellschaft FI increased its position in shares of Sunedison by 11.6% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 958,587 shares of the company’s stock valued at $4,879,000 after buying an additional 99,896 shares during the last quarter. Finally, Quantitative Investment Management LLC increased its position in shares of Sunedison by 61.7% in the fourth quarter. Quantitative Investment Management LLC now owns 1,065,900 shares of the company’s stock valued at $5,425,000 after buying an additional 406,800 shares during the last quarter.

Several other equities analysts have also weighed in on the stock. Avondale Partners lowered shares of Sunedison from an outperform rating to a market perform rating and set a $7.00 price target for the company. in a research report on Wednesday, March 16th. Bank of America restated a neutral rating and set a $2.50 price target on shares of Sunedison in a research report on Saturday, March 12th. FBR & Co. increased their price target on shares of Sunedison from $7.00 to $10.50 and gave the company an outperform rating in a research report on Wednesday, March 9th. Deutsche Bank restated a positive rating on shares of Sunedison in a research report on Tuesday, March 8th. Finally, JPMorgan Chase & Co. lowered shares of Sunedison from a neutral rating to an underweight rating in a research report on Tuesday, March 8th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $11.84.

Shares of Sunedison (NASDAQ:SUNE) opened at 0.3998 on Thursday. Sunedison has a one year low of $0.20 and a one year high of $33.45. The company’s market cap is $126.63 million. The company’s 50-day moving average price is $1.37 and its 200 day moving average price is $4.15.

SunEdison, Inc (NASDAQ:SUNE) is a developer and seller of photovoltaic energy solutions, an owner and operator of clean power generation assets, and a developer and manufacturer of silicon wafers. The Company operates in three segments: Solar Energy, TerraForm Power and Semiconductor Materials through SunEdison Semiconductor Ltd.




http://www.thevistavoice.org/2016/04/12/sunedison-inc-sune-earns-neutral-rating-from-robert-w-baird/1050229/