The light isn't shining so brightly at SolarCity (
Barclays analysts were the latest to weigh in on the nation's largest solar company, downgrading the stock to "underweight" from "equalweight" in a Monday note, citing headwinds facing the residential solar segment as a whole.
"SEDG remains our preferred exposure to the residential segment, and we maintain an [overweight] recommendation," Barclays' Jon Windham and Daniel Ford wrote. "However, given the headwinds facing the space, we reduce our [price target] to $28 from $35 [per share]."
The downgrade of SolarCity, which is chaired by Tesla Motors (