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Fly News Breaks for July 14, 2015
FSLR, CAFD, SPWR
Jul 14, 2015 | 09:25 EDT
Baird said the recent pullback in SunPower (SPWR) shares provides a buying opportunity for a large solar developer the the firm sees as having leading technology, an ability to address all customers classes, a large global pipeline, and a captive buyer project with 8Point3 Energy (CAFD), its joint yieldco with First Solar (FSLR). Baird reiterated its Outperform rating and lowered its price target to $44 from $48 on SunPower shares.