Roth Capital analyst Philip Shen believes SunEdison (SUNE) management presented a credible plan during its business update call to manage through the current yieldco dislocation, despite cutting 2016 development guidance by 20%. The analyst noted that management said pricing for assets does not appear to have been reduced and Shen thinks there does not appear to be a need for near-term capital at SunEdison given its $5B of warehouse facilities. Shen, who does not have a rating on SunEdison, acknowledged it is a bellwether of the solar industry and said he sees a positive readthrough from its presentation for yieldco exposed solars including 8point3 Energy (CAFD), Canadian Solar (CSIQ) and Hannon Armstrong (HASI).

Wells Fargo notes that a group of seven domestic solar product makers, including First Solar (FSLR), filed a petition to levy anti-dumping and countervailing duties on solar imports from Cambodia, Malaysia, Thailand and Vietnam, looking for duties ranging from 70.4% to 271.5%. The firm, which included the "important reminder" that "this is just a petition," says the uncertainty created by the petition is "incrementally positive" for First Solar and negative for Canadian Solar (CSIQ), Array Technologies (ARRY) and Nextracker (NXT).