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Cantor Fitzgerald Initiates Real Goods Solar (RSOL) At Buy: "Poised To Take Market Share"
Cantor Fitzgerald is out with a Buy rating on Real Goods Solar (RSOL) this morning and a price target of $5.
Hat tip to StreetInsider.com for the following analyst comment:
The firm commented, Real Goods is one of the largest independent solar installers in California, the largest market in the US. We believe that an attractive mix of strong financial incentives and falling panel prices will lead to stronger adoption of solar PV power systems by residential and small commercial customers. They also noted with recent commercial contract wins and an improving residential market in California, Real Goods Solar is in a position to gain market share and reach profitability within the next year.
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