Actionable news
All posts from Actionable news
Actionable news in SCTY: SolarCity Corporation,

Here’s Why UBS Lowered Price Target for SolarCity Corp (SCTY)

In a research report released today, UBS analyst Julien Dumoulin Smith reiterated a Neutral rating on shares of SolarCity Corp (NASDAQ:SCTY), while reducing the price target to $48 (from $53), which represents a slight upside potential from current levels.

Smith explained, “We are revising up our CAFD deployment estimates as we see real potential for mgmt to hit at the top end of its implied CAFD...