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SolarCity Selloff Is 'Excessive,' Bernstein's Wynne Says
Wednesday, February 10, 2016 - 10:06am | 373Read More...SolarCity Corp (NASDAQ: SCTY) shares plummeted 32 percent in pre-market trading on February 10. Bernstein's Hugh Wynne maintained an Outperform rating for the company, with a price target of $62. While SolarCity’s Q4 results raise concerns, the aftermarket pullback appears...
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SolarCity Exploring Sale Of PowerCo Leases And PPAs To 'Fund' Growth, Bernstein Analyst Says
Thursday, January 14, 2016 - 10:38am | 333Read More...SolarCity Corp (NASDAQ: SCTY) shares have lost 20 percent since July 14. Bernstein’s Hugh Wynne maintained an Outperform rating for the company, with a price target of $62. Although the company’s current financial position is sound, new sources of funds need to be identified...
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If Interest Rates Rise, There's One Place For Investors To Hide
Friday, November 20, 2015 - 3:02pm | 409Read More...The possibility of an imminent Fed rate hike has utility investors looking for defensive trading strategies. A.B. Bernstein believes that U.S.10-year Treasury rates will not climb as steeply as the market expects over the next year. The firm believes that certain utility stock earnings will...
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Bernstein Says Wait For The Entry Point In Solar City; Starts At Market Perform
Friday, November 13, 2015 - 8:26am | 348Read More...SolarCity Corp (NASDAQ: SCTY) shares are down 53 percent year-to-date, and are trading significantly below their 52-week high of $63.79. Bernstein’s Hugh Wynne initiated coverage of the company with a Market Perform rating and a price target of $30. Despite the substantial decline...
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Bernstein Upgrades Duke Energy On Accelerating Growth In Core
Monday, June 1, 2015 - 9:03am | 270Read More...In a report published Monday, Bernstein analyst Hugh Wynne upgraded the rating on Duke Energy Corp (NYSE: DUK) from Market Perform to Outperform, while raising the price target from $81 to $86. "Over the last twelve months, Duke has repositioned its business around its core regulated segment by...
