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Fly News Breaks for February 13, 2017
HASI
Feb 13, 2017 | 08:39 EDT
Roth Capital analyst Philip Shen sees Hannon Armstrong announced deal to acquire 4k acres of land supporting 690MW of solar for $144M as an incremental positive as it appears to nearly double the company's solar land exposure, which typically has attractive spreads and ROE. The analyst believes shares are currently undervalued and says he would be a buyer at these levels. He reiterates a Buy rating and $25 price target on the stock.
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