Solar Stocks Could Benefit From Tax-Credit Incentives

By | March 28, 2014

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Solar stocks gained Friday as Sen. Sheldon Whitehouse said tax-credit incentives for renewable energy production and investment are “highly likely” to be renewed. IBD’s Energy-Solar group rose nearly 1%. SolarCity (SCTY) added 64 cents, or 1%, to 61.38. Raymond James raised its rating on the San Mateo, Calif.-based rooftop solar installer to outperform from market perform and lifted its price target to 75. SolarCity isn’t profitable yet, but sales Scalper1 News

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