electricity

JMP Securities sees the consensus estimates of $2.22 EPS on revenue of $2.97 billion on First Solar, Inc. (NASDAQ: FSLR) for the year 2017 as significantly too high. Conversely, analyst Joseph Osha expects the company to deliver GAAP EPS of $1.34 for the same period. Following its participation in...

Solar power faces demand risk, according to Goldman Sachs, as the supply is not reduced and, therefore, the average selling price is down. Analysts Brian Lee, Hank Elder and Candace Dechant do not see a turnaround of fortunes for the sector. Furthermore, prolonged cyclical pressure is expected to...

Barclays has started coverage of Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE: HASI) with an Overweight rating and price target of $27, implying a potential upside of 8.5 percent. The brokerage's bullish stance is driven by core business growth and continued investor demand for low-risk exposure...

Despite all the scuttlebutt that the Federal Reserve is finally nearing its first interest rate hike of 2016, the U.S. Dollar Index has not done much this month, trading slightly lower. On the other hand, oil prices are rallying, which usually does not happen when traders expect the dollar to rise...

Barclays believes the second-quarter results from the solar segment were not a one-off "weak quarter." The brokerage sees an inflection point in the segment fueled by consequences of unplanned policy, apart from the limitations on the technologies in the sector. Therefore, there was no change to...

Ladenburg Thalmann has started coverage of Spark Energy Inc (NASDAQ: SPKE) with a Neutral rating and $27 price target, saying that "the company's unique ownership structure supports M&A activity as compared to traditionally-structured competitors." The Rating And Price Target "While SPKE has...

First Solar, Inc. (NASDAQ: FSLR) bulls are enduring a frustrating trading session on Thursday. The stock is down 11.3 percent on the day following Q2 earnings and revenue beats. First Solar charged $86 million in Q2 when it decided to no longer make solar panels using TetraSun’s silicon...

Although 2016 has been expected to be a tough year for late-cycle oil & gas exposed E&Cs, Citi’s Andrew Kaplowitz expressed surprise at the magnitude of the guidance cut by Chicago Bridge & Iron Company N.V. (NYSE: CBI) for 2Q. Kaplowitz maintains a Neutral rating on the company,...

Imperial Capital has started coverage of Parsley Energy Inc (NYSE: PE) with an Outperform rating and $34 target price, citing the company as experiencing the highest oil growth in its peer group and one of the lowest cost structures. Furthermore, the company has prime acreage in the Midland and...

During the worst days of oil's most recent bull market, a cacophonous debate was heard. One side argued that energy equities were legitimate value plays while those bearish on the sector posited that the only reason price-to-earnings ratios in the energy patch were declining was because...

Shares of SunPower Corporation (NASDAQ: SPWR) gained as much as about 3 percent after UBS upgraded the stock to Buy from Neutral saying that the recent pullback is overdone. The market is pricing in another 2011 panel downturn. But UBS sees value in the stock following 50 percent plus year-to-date...

CenterPoint Energy, Inc. (NYSE: CNP) shares have appreciated 15.2 percent over the last three months, as compared to the 2.2 percent rise for the S&P 500. Argus’ Gary Hovis reiterated a Buy rating on the company, while raising the price target from $26 to $28. Dividend Yield The company...

Jefferies analysts believe Southwestern Energy Company (NYSE: SWN)'s fresh-term loan will not have the potentials to solve its financial requirements. Although the brokerage lifted its price target to $5.0 from $4.0, it maintains its Underperform rating. However, the stock traded more than 12...

Goldman Sachs initiated coverage on Endesa Americas SA – ADR (NYSE: EOCA) with a Neutral Rating and $13 price target, which implies an estimated total return of 7 percent compared to 12.4 percent for the bank's Chilean utilities coverage. According to the report published Monday, the next step in...

Morgan Stanley downgraded shares of SCANA Corporation (NYSE: SCG) to an Underweight rating citing Toshiba Corp (USA) (OTC: TOSYY) and weakness in construction. The brokerage also kept a price target of $67.00 on the shares of the company. Analysts led by Stephen Byrd cited the risk of future/...