SolarCity (SCTY) and Sunrun (RUN) are prepped for a bare-knuckle slugfest over 2016 installations, but the skies are clear for First Solar (FSLR) and SunPower (SPWR), a Barclays analyst said Friday. First Solar topped Barclays analyst Jon Windham’s solar update, and shares soared 5.5% midday. SunPower stock, too, flew up 9% in early trading on the stock market today and settled back to about a 6.5% rise by early afternoon. Windham raised his price
Solar-related stocks rallied Wednesday on the news that Congress plans to extend a solar investment tax credit by five years. First Solar (FSLR), SolarCity (SCTY), SunEdison (SUNE), SunPower (SPWR) and Sunrun (RUN) led the gains. Not only are their double-digit share-price increases substantial, they’re also significant: First Solar jumped 10% in big volume, gapping above a 59.95 buy point and hitting its highest level in 15 months. SolarCity
First Solar (FSLR) stock continued down SunEdison’s (SUNE) path Thursday, experiencing the scorch of Wall Street’s apparent belligerence toward solar yield companies. In midday trading on the stock market today , First Solar stock was down more than 10% after missing analyst expectations for 2016 sales and gross margins late Wednesday. Shares closed down fractionally on Wednesday but were torched after hours and gapped down Thursday. Yield company