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AZRE

Azure Power

$10.40

0.02 (0.19%)

06:06
08/12/19
08/12
06:06
08/12/19
06:06

Azure Power reports Q1 EPS 3c, consensus 8c

Reports Q1 revenue $49.18M, consensus $46.35M.

  • 12

    Aug

AZRE Azure Power
$10.40

0.02 (0.19%)

10/09/18
FBCO
10/09/18
NO CHANGE
Target $22
FBCO
Outperform
Azure Power price target lowered to $22, Outperform reinstated at Credit Suisse
Credit Suisse analyst Maheep Mandloi reinstated an Outperform rating on Azure Power shares and lowered his price target on the stock to $22 from $24 after the recent $200M equity issuance that secures capital for long-term growth and helps increase trading liquidity. His positive thesis is based on a booming solar market growing at 35% CAGR due to policy support, attractive project returns benefiting from module supply glut, an underestimated overloading strategy that generates 40% more energy for 15% higher costs, in-house EPC that enables higher leverage, compressing spreads that offset rate pressure, higher marginal operating leverage, strong support from existing shareholders, and a fully funded growth strategy.
10/11/18
JMPS
10/11/18
NO CHANGE
Target $30
JMPS
Outperform
Azure Power price target raised to $30 from $26 at JMP Securities
JMP Securities analyst Joseph Osha believes Azure Power's successful $185M equity offering last week positions the company to build out up to 5GW with no need for additional capital. It is possible that Azure Power's expansion could become self-funding beyond that, though that will depend upon the pace of expansion and whether the company is returning capital to shareholders, Osha added. He believes the market is still worried about the company's access to debt, but Osha notes that some of the most recent debt funding announcements seem to have come in at rates close to what he anticipated and sees "plenty of room in Azure Power's operating model." He raised his price target on Azure shares to $30 from $26 and keeps an Outperform rating on the stock.
01/07/19
LEHM
01/07/19
INITIATION
LEHM
Equal Weight
Azure Power initiated with an Equal Weight at Barclays
Barclays analyst Moses Sutton initiated Azure Power with an Equal Weight rating and a $12 price target. The analyst said he expects continued success for the company "riding the wave of Indian solar growth over the coming years," but noted that trading liquidity is still weak and he thinks it will be "tough to find a hard catalyst that can re-energize the shares in the near/medium term."
01/08/19
01/08/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. VMware (VMW) resumed with a Buy at Citi. 2. CSX (CSX) and Kansas City Southern (KSU) were initiated with an Overweight at Atlantic Equities, while Union Pacific (UNP) was initiated with a Neutral. 3. First Solar (FSLR) and TerraForm Power (TERP) were initiated with an Overweight at Barclays, Covanta (CVA) and Azure Power (AZRE) were initiated with an Equal Weight, and SunPower (SPWR) was initiated with an Underweight. 4. At Home Group (HOME) initiated with a Buy at Monness Crespi. 5. Chemours (CC) initiated with a Buy at HSBC. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

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CMCSA

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BP

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SPX

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$0.00

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4.12 (1.45%)

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XYF

X Financial

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VJET

Voxeljet

$1.64

-0.05 (-2.96%)

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Samsung

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4.71 (2.33%)

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  • 27

    Oct

T

AT&T

$34.98

0.64 (1.86%)

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Comcast

$43.17

0.82 (1.94%)

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CMCSA

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$43.17

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CMCSK

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$0.00

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SNE

Sony

$55.72

0.64 (1.16%)

LGF.A

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$11.06

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LGF.B

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DIS

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Viacom

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0.09 (0.35%)

VIA

Viacom

$27.27

-0.4 (-1.45%)

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SFTBF

SoftBank

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, SFTBY

SoftBank

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SPX

S&P 500

$0.00

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, SPY

SPDR S&P 500 ETF Trust

$288.79

4.12 (1.45%)

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JSAIY

J Sainsbury

$0.00

(0.00%)

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TSLA

Tesla

$219.92

4.27 (1.98%)

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S&P 500

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4.12 (1.45%)

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NVS

Novartis

$89.46

0.91 (1.03%)

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MO

Altria Group

$46.48

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CFB

CrossFirst Bancshares

$14.61

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, JFU

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$10.09

0.52 (5.43%)

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CFB

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$14.61

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JFU

9F Inc

$10.09

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NET

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WE

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$0.00

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SDC

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AMZN

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MSFT

Microsoft

$136.13

2.39 (1.79%)

SFTBF

SoftBank

$0.00

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  • 04

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CBS

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$43.83

0.5 (1.15%)

, VIA

Viacom

$27.27

-0.4 (-1.45%)

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CBS

CBS

$43.83

0.5 (1.15%)

VIA

Viacom

$27.27

-0.4 (-1.45%)

VIAB

Viacom

$26.02

0.09 (0.35%)

AAPL

Apple

$206.44

4.71 (2.33%)

DIS

Disney

$135.19

1.79 (1.34%)

T

AT&T

$34.98

0.64 (1.86%)

CMCSA

Comcast

$43.17

0.82 (1.94%)

CMCSK

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$0.00

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NFLX

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$302.74

6.81 (2.30%)

AMZN

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$1,791.82

16.72 (0.94%)

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MYGN

Myriad Genetics

$25.36

2.14 (9.22%)

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  • 13

    Nov

CSCO

Cisco

$46.96

0.73 (1.58%)

, NTAP

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$46.75

0.33 (0.71%)

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Cisco (CSCO) plunged 9% a…

CSCO

Cisco

$46.96

0.73 (1.58%)

NTAP

NetApp

$46.75

0.33 (0.71%)

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  • 09

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RDS.A

Royal Dutch Shell

$55.55

0.47 (0.85%)

, RDS.B

Royal Dutch Shell

$55.56

0.46 (0.83%)

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Investors should not abandon oil, gas stocks, Barron's says »

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RDS.A

Royal Dutch Shell

$55.55

0.47 (0.85%)

RDS.B

Royal Dutch Shell

$55.56

0.46 (0.83%)

BP

BP

$36.27

0.22 (0.61%)

XOM

Exxon Mobil

$68.30

1.06 (1.58%)

CVX

Chevron

$115.79

0.08 (0.07%)

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  • 27

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TGT

Target

$84.20

1.67 (2.02%)

, WMT

Walmart

$112.99

0.32 (0.28%)

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TGT

Target

$84.20

1.67 (2.02%)

WMT

Walmart

$112.99

0.32 (0.28%)

GO

Grocery Outlet

$46.55

2.81 (6.42%)

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AEO

American Eagle

$15.40

0.63 (4.27%)

07:33
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  • 04

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ANGI

Angi Homeservices

$8.18

-0.18 (-2.15%)

, MTCH

Match Group

$84.53

2.08 (2.52%)

07:27
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ANGI

Angi Homeservices

$8.18

-0.18 (-2.15%)

MTCH

Match Group

$84.53

2.08 (2.52%)

IAC

IAC

$249.17

4.21 (1.72%)

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  • 05

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AAPL

Apple

$206.44

4.71 (2.33%)

, HAS

Hasbro

$114.29

1.13 (1.00%)

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AAPL

Apple

$206.44

4.71 (2.33%)

HAS

Hasbro

$114.29

1.13 (1.00%)

MAT

Mattel

$10.74

(0.00%)

AGR

Avangrid

$49.29

0.37 (0.76%)

JPM

JPMorgan

$107.73

2.52 (2.40%)

BAC

Bank of America

$27.04

0.79 (3.01%)

C

Citi

$63.46

2.13 (3.47%)

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NCLH

Norwegian Cruise Line

$50.48

1.38 (2.81%)

18:04
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08/16
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18:04
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Norwegian Cruise Line CEO sells 25K shares of common stock »

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RM

Regional Management

$27.12

0.14 (0.52%)

18:01
08/16/19
08/16
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18:01
Hot Stocks
Regional Management CFO buys 5K shares of common stock »

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  • 13

    Nov

RTN

Raytheon

$178.10

-0.42 (-0.24%)

17:59
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08/16
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17:59
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Raytheon awarded $199.59M Navy contract for MK 15 CIWS »

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