Information Provided By:
Fly News Breaks for May 27, 2016
RUN, SCTY, VSLR
May 27, 2016 | 06:08 EDT
Deutsche Bank analyst Vishal Shah upgraded Vivint Solar (VSLR) to Buy saying he believes the shares are trading at a discount to the valuations of its operating assets. With the tax equity environment improving, Vivint is in a strong position to achieve its 2016 installation targets, Shah tells investors in a research note. He raised his price target for the shares to $7.50 from $3.50. Shah in the same research note kept Buy ratings on SolarCity (SCTY) and Sunrun (RUN). He lowered his price target for SolarCity to $32 from $49.