SunEdison Price Target Boosted On Earning Potential

By | March 6, 2015

Scalper1 News

SunEdison (SUNE) got a price target increase Friday from an analyst bullish about its cash-earnings potential, a day after the company acquired battery storage assets to complement its solar and wind projects. The Missouri-based solar panel maker and power plant developer should generate $740 million in total cash in 2017 based on “conservative assumptions,” RBC Capital Markets analyst Mahesh Sanganeria said in a research report Friday. Scalper1 News

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