Shares of SolarCity Corp. (NASDAQ: SCTY) rallied about 14% by afternoon trade. The stock has been gaining since last week after the company announced that it entered in a financing deal with Goldman Sachs. According to the deal, Goldman Sachs will fund in excess of $500 million on solar projects managed by San Mateo, Calif. based Company.
Continue reading Major Movers on May 20; SCTY, FSLR, FWLT, RAVN, WCRX, ACT
Shares of Sodastream International Ltd. (NASDAQ: SODA) rallied about 14% by afternoon trade after analysts at Citigroup raised to their price target to $66.00 while analysts at Canaccord Genuity maintained “hold” rating on the stock. Canaccord Genuity also boosted price target on the stock to $59.00 from $52.00. Analysts at Monness Crespi & Hardt lifted their price target in the stock to $80.00 from $70.00 and set a “buy” rating on Tuesday. Besides, analysts at Oppenheimer upwardly revised their price target on the stock to $68.00 from $60 and set a “outperform” rating on Tuesday.
Continue reading Major Movers on May 14; SODA, SSYS, BBRY, TTWO, SCTY
Shares of SolarCity Corp. (NASDAQ: SCTY) soared about 30% by afternoon trade. Shares of The San Mateo, California-based Company, which made its IPO back in December, have jumped almost four times so far. The Company is slated to report its quarterly results after the closing bell but investors are already excited about its future projects. Lately, the Company announced completion of two projects in Sacramento. The Company also said that installations of solar panels on about 6,500 homes in Marine and Navy bases in Hawaii are under way.
Continue reading Major Movers on May 13; SCTY, CSIQ, PERI, THRX, PCYC, CITZ, YUM
Shares of SolarCity Corp. (NASDAQ: SCTY), a San Mateo, California-based company engaged in the design, installation and sale or lease of solar energy systems to residential and commercial customers, are seeing a huge rally ahead of the release of the company’s quarterly results.
Continue reading SolarCity Shares Surge Ahead of Quarterly Results (SCTY)