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Sunrun Receives Downgrade As Analyst Warns Business Model Relies On Inflated System Values For Tax Credits
Tuesday, June 17, 2025 - 1:57pm | 671Read More...Sunrun (NASDAQ:RUN) shares are trading lower on Tuesday after GLJ Research analyst Gordon L. Johnson II issued a downgrade for the stock from Hold to Sell. Johnson noted the underlying equity is worthless unless SunRun can inflate the value of its solar systems to collect tax credits. Also Read:...
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Gordon Johnson On Sell-Rated Caterpillar: You Can't Fool All The People All The Time
Wednesday, September 7, 2016 - 9:21am | 419Read More...Following the lower-than-consensus 2017 sales guidance issued by Caterpillar Inc. (NYSE: CAT), Axiom’s Gordon L. Johnson II believes the company’s 2–17 revenue guidance as a real near-term risk. Johnson maintains a Sell rating on the company with a price target of $31. Revenue...
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4 Reasons Tesla And SolarCity Are 'Not A Good Fit'
Tuesday, June 28, 2016 - 8:02am | 293Read More...Axiom's Gordon Johnson believes SolarCity Corp (NASDAQ: SCTY) and Tesla Motors Inc (NASDAQ: TSLA) is not a good fit, especially given the current net metering regulations. Johnson maintained a Sell rating on SolarCity, with a price target of $7. Following Elon Musk’s comment that...
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Tesla's Bid Suggests 'Very Little Value' In SolarCity; Gordon Johnson Maintains Sell
Wednesday, June 22, 2016 - 7:34am | 313Read More...After Tuesday's market close, Tesla Motors Inc (NASDAQ: TSLA) announced it had made an all-stock bid to acquire SolarCity Corp (NASDAQ: SCTY) for $26.50-$28.50 per share. Axiom’s Gordon Johnson maintained a Sell rating on SolarCity, with a price target of $7. Very Little Value...
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As Bulls In SolarCity Salivating, Gordon Johnson Firm On His Sell Rating
Tuesday, May 24, 2016 - 10:00am | 370Read More...Nevada’s New Energy Industry Task Force is scheduled to decide on the recommendations of its subcommittee on May 26 regarding the grandfathering of existing solar customers under the state’s previous roof-top solar rates. Axiom Capital’s Gordon L. Johnson II maintains a Sell...
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Axiom's Johnson Downgrades Rio Tinto To Sell
Thursday, March 31, 2016 - 8:22am | 315Read More...With the copper and aluminum markets much worse than earlier expected, Axiom’s Gordon L. Johnson II believes the risks facing these markets would create increased risk EPS revisions for Rio Tinto plc (ADR) (NYSE: RIO). Johnson downgraded the rating on Rio Tinto to Sell, with a price target...
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More Bad News For SolarCity
Tuesday, March 29, 2016 - 10:31am | 195Read More...Axiom Capital Research’s Gordon L. Johnson II maintained a Sell rating for SolarCity Corp (NASDAQ: SCTY), saying that a Nevada Judge had ruled against the petition to reverse the adverse rooftop solar ruling. A Carson City judge had ruled against a petition to reverse Nevada's rooftop...
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Joy Global 'Fails' Stress Test, Not The First Industrial Stock To Face Wall Street Trouble
Wednesday, March 2, 2016 - 10:24am | 419Read More...Axiom’s Gordon L. Johnson II downgraded the rating for Joy Global Inc. (NYSE: JOY) from Hold to Sell, while reducing the price target from $11 to $10. He believes there is downside to the company’s original guidance for 2016. Analyst Gordon Johnson estimated that Joy Global’s...
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Axiom Downgrades Joy Global To Sell Ahead Of Earnings Report
Wednesday, March 2, 2016 - 9:41am | 275Read More...Axiom's Gordon L. Johnson II downgraded the rating on Joy Global Inc. (NYSE: JOY) to Sell, while lowering the price target from $11 to $10. Johnson expects the company to revise the midpoint of its 2016 guidance lower, which in turn would pressure the stock. "Observing the last supply-driven...
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SunEdison Now A Penny Stock, According To This Sum-Of-The-Parts Valuation
Tuesday, March 1, 2016 - 10:57am | 223Read More...Axiom's Gordon L. Johnson II downgraded the rating for Sunedison Inc (NYSE: SUN) to Sell, while reducing the price target to $0.39, following the cancellation of the company's power purchase agreements on 3 proposed Hawaiian solar energy projects. Hawaii Electric Co has cancelled its three PPAs...
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Axiom Slaps A Sell Rating On Trinity, Sees 'Sizeable' EBITDA/EPS Cuts
Thursday, February 18, 2016 - 9:32am | 315Read More...Trinity Industries Inc (NYSE: TRN) shares have been trending lower in recent months and are down 14 percent since November 18. Axiom’s Gordon L. Johnson II initiated coverage of the company with a Sell rating and a price target of $10. Reduced demand for railcars and an increased...
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Gordon Johnson Sees SolarCity Imminent Downside 'Likely', Sees Outsized Risk To Incremental Guidance Cuts
Wednesday, February 10, 2016 - 9:44am | 261Read More...SolarCity Corp (NASDAQ: SCTY) shares have lost 48 percent since January 4, and are currently trading close to their 52-week low of $24. Axiom’s Gordon L. Johnson II maintained a Sell rating for the company, while putting the price target under review. The company’s...
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Bearish Analyst Who Nailed The Downside In SunEdison Upgrades The Stock
Friday, January 8, 2016 - 8:27am | 301Read More...Shares of Sunedison Inc (NYSE: SUNE) have declined 88.96 percent over the past six months, dropping almost down to their 52-week low on November 20 at $2.82. Axiom's Gordon L. Johnson II has upgraded the rating on the company from Sell to Hold, with a price target of $2. Johnson...
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Long-Time Bear On Why Solar Demand In '16 Could Be 'Worse Than Imagined'
Thursday, December 31, 2015 - 8:44am | 340Read More...While shares of Sunedison Inc (NYSE: SUNE), JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO), Trina Solar Limited (ADR) (NYSE: TSL) and SolarCity Corp (NASDAQ: SCTY) have gained significantly over the past one month, Yingli Green Energy Holding Co Ltd (ADR) (NYSE: YGE) shares are down. Axiom...
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Axiom Sees Rio Tinto's Dividend Policy As 'Unsustainable'; Cuts Price Target To $19
Wednesday, December 30, 2015 - 10:34am | 383Read More...Rio Tinto plc (ADR) (NYSE: RIO) shares have declined 36.43 percent year-to-date, dropping almost to their 52-week low on December 18, at $27.38. Axiom Capital Research’s Gordon L. Johnson II has maintained a Hold rating on the company, while lowering the price target from $24 to $19. Johnson...
