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AZRE

Azure Power

06:34
06/19/17
06/19
06:34
06/19/17
06:34

Azure Power reports Q4 revenue $20.3M, consensus $21.24M

Adjusted EBITDA for the quarter was $15M, an increase of 90% over the quarter ended March 31, 2016. Q4 EPS consensus (3c). Operating & Committed Megawatts were 1,069 MW, as of March 31, 2017, an increase of 31% over March 31, 2016.

  • 19

    Jun

AZRE Azure Power

11/07/16
FBCO
11/07/16
INITIATION
Target $21
FBCO
Outperform
Azure Power initiated with an Outperform at Credit Suisse
Credit Suisse analyst Maheep Mandloi initiated Azure Power with an Outperform and a $21 price target.
11/29/16
ROTH
11/29/16
INITIATION
Target $22
ROTH
Buy
Azure Power initiated with a Buy at Roth Capital
Roth Capital analyst Philip Shen started Azure Power with a Buy rating and $22 price target, saying he believes shares are attractively valued compared with its emerging market IPP peer group.
11/29/16
11/29/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Smart Sand (SND) was initiated with a Buy at Goldman, an Overweight at Piper Jaffray, an Outperform at Credit Suisse, a Buy at Goldman. 2. Altria Group (MO) resumed with an Equal Weight at Morgan Stanley. 3. Chesapeake Utilities (CPK) initiated with a Market Perform at Wells Fargo. 4. Agios Pharmaceuticals (AGIO) initiated with a Perform at Oppenheimer. 5. Azure Power (AZRE) initiated with a Buy at Roth Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
12/01/16
LEHM
12/01/16
INITIATION
Target $23
LEHM
Overweight
Azure Power initiated with an Overweight at Barclays
Barclays analyst Jon Windham initiated Azure Power with a Buy and a $23 price target citing strong growth prospects for its internally developed solar projects.

TODAY'S FREE FLY STORIES

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Takata

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SeaWorld

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