GREY:SCTYQ - Post by User
Post by
HARJAYon Dec 22, 2015 1:13pm
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Post# 24405315
FYI - Morgan Stanley raises target
FYI - Morgan Stanley raises target SolarCity Corp (SCTY) PT Raised to $104.00
SolarCity Corp (NASDAQ:SCTY) had its
target price boosted by
stockanalysts
at Morgan Stanley from $86.00 to $104.00 in a
research report issued to clients and investors on Monday,
Analyst Ratings Network.com reports. Morgan Stanley’s target price suggests a potential upside of 82.74% from the stock’s previous close.
A hedge fund recently raised its stake in SolarCity Corp
stock. Perigon Wealth Management raised its stake in shares of SolarCity Corp (
NASDAQ:SCTY) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,208 shares of the renewable energy company’s stock after buying an additional 82 shares during the period. Perigon Wealth Management’s holdings in SolarCity Corp were worth $351,000 at the end of the most recent quarter.
Several other research firms have also recently weighed in on SCTY. Deutsche Bank restated a “buy” rating and issued a $64.00
price objective (down previously from $80.00) on shares of SolarCity Corp in a research report on Monday, December 14th.
Vetr upgraded shares of SolarCity Corp from a “hold” rating to a “strong-buy” rating and set a $57.24 price objective for the
company in a research report on Thursday, October 15th. Canaccord Genuity restated a “positive” rating and issued a $48.00 price objective on shares of SolarCity Corp in a research report on Wednesday, December 16th. Oppenheimer started coverage on shares of SolarCity Corp in a research report on Tuesday, September 8th. They issued an “outperform” rating and a $66.00 price objective for the company. Finally, Axiom Securities started coverage on shares of SolarCity Corp in a research report on Monday, October 19th. They issued a “sell” rating for the company. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $62.10.