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Fly News Breaks for October 30, 2015
SCTY
Oct 30, 2015 | 08:08 EDT
After SolarCity lowered its Q4 installation guidance, Oppenheimer says that the company is preparing for a more modest growth environment after tax breaks expire following 2016. The firm thinks that the company's strategy could help it avoid restructuring expenses in 2017. The firm lowered its price target on the name to $58 from $66 but reiterates an Outperform rating on the shares.
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