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Fly News Breaks for November 10, 2015
SUNE
Nov 10, 2015 | 15:36 EDT
Oppenheimer analyst Colin Rusch attributes today's post-earnings selloff in SunEdison to a lack of clarity on key acquisitions and the company's "multiple moving parts," but he believes its 2016 capital plan is on solid footing and that the robust private market should enable SunEdison to generate positive cash flow at the devco level in the first half of next year. Rusch keeps an Outperform rating and $18 price target on SunEdison shares.
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