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Timothy Smith

02/21/16 4:13 AM

#12144 RE: mouton29 #12133

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,"