A few analyst notes to tell you about this morning on EnerNOC (ENOC) which reported earnings last night and Evergreen (ESLR) which reported uninspiring results two days ago. Clearly, these companies are heading in opposite directions and the analysts agree. Hat tip to Street Insider for the following analyst comments.
Both UBS and Citi maintain their Sell ratings on ESLR. UBS lowered the price target to below a buck at .90 and the FY10 EPS … Read the rest
Janney Montgomery Scott is maintaining its Buy rating on YGE following earnings and raising the price target whopping 50 cents to $18. Hat tip to Street Insider for the following analyst comment:
“Yingli Green Energy reported strong Q4 results (excluding extraordinary items) and gave very bullish 2010 guidance. Given YGE’s ability to achieve its 2009 guidance (despite difficult conditions in the solar market) and the fact that 90% of 2010 shipments are currently under contract, … Read the rest
We have conflicting views on Yingli Green Energy (YGE) out of Janney Montgomery and HSBC. Janney is upgrading it from Neutral to Buy with and has a price target of $20.
Hat tip to StreetInsider.com for the following analyst comment:
“We are upgrade Yingli Green Energy to BUY, as the outlook for pricing and thus margins have improved. Yingli is a major price setter, and they are guiding to a more benign pricing environment in … Read the rest
EnerNOC has had quite a run this year, up nearly 5 fold. With runs like that often come valuation downgrades and Janney Montgomery Scott is out with one this morning, cutting the stock to Neutral.
Hat tip to StreetInsider.com for the following analyst comment:
“We are downgrading EnerNOC to NEUTRAL based on valuation. We are still strong believers in the EnerNOC story and believe that the Company maintains a very strong position in the rapidly … Read the rest
Janney Montgomery is out this morning maintaining their Buy rating on Clean Energy Fuels (CLNE) and nearly doubling the price target from $14 to $27.
Hat tip to StreetInsider.com for the following analyst comment:
We are raising our fair value estimate for BUY-Rated Clean Energy Fuels (CLNE) from $14 to $27, based on 18x our CY2011 EPS estimate of $1.49. We believe investors are increasingly looking into 2011 to see which companies will be the … Read the rest