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Fly News Breaks for October 17, 2018
BE, HASI, TPIC, FSLR
Oct 17, 2018 | 08:38 EDT
JPMorgan analyst Paul Coster says he's constructive regarding a handful of Alternative Energy stocks heading into the Q3 earnings season. The analyst sees more attractive valuations after the recent selloff and names his top picks as First Solar (FSLR), TPI Composites (TPIC), Hannon Armstrong (HASI) and Bloom Energy (BE). First Solar remains "best-in-class" in the solar space, has good revenue and earnings visibility, and seems best-positioned to ride out the second half of 2018 panel downturn, Coster tells investors in a research note.
News For FSLR;TPIC;HASI;BE From the Last 2 Days
BE
Mar 27, 2024 | 07:44 EDT
Susquehanna analyst Biju Perincheril lowered the firm's price target on Bloom Energy to $16 from $18 and keeps a Positive rating on the shares. The firm updated its estimates ahead of Bloom's 1Q report, which mostly reflect project timing. They noted the company continues to engage with greenfield data center opportunities to supply fuel cells and could see orders begin to show up in the backlog as early as 2H of this year.