Category Archives: Energy

KeyBanc Bullish on PDC Energy Inc (PDCE)

Analyst David Deckelbaum of KeyBanc maintained a Buy rating on PDC Energy Inc (NASDAQ:PDCE) raising the price target to $76, following the $1.5 billion acquisition in the Delaware Basin. According to Deckelbaum, “PDCE is paying $30K/acre for the highest quality portion of

Baird Analyst Reiterates Outperform Rating on First Solar, Inc. (FSLR)

Baird analyst, Ben Kallo, reiterates an Outperform rating and on First Solar, Inc. (NASDAQ:FSLR) with a $60 price target, following the company’s Q2 results. FSLR reported earnings that exceeded revenue expectations. This beat was due to the sale of Kingbird and recognition of other project revenue. Kallo

Baird Analyst Downgrades SolarCity Corp (SCTY) to Neutral

Baird analyst, Ben Kallo, downgrades SolarCity Corp (NASDAQ:SCTY) to Neutral with a price target of $25.00 following the company’s merger agreement with TSLA. The analyst explains, “Although SCTY has a 45-day go-shop period which could provide additional upside, we believe it is highly

FBR Capital Reiterates Outperform on Halliburton Company (HAL) Following Strong 2Q Results

FBR Capital analyst, Thomas Curran, reiterates an Outperform rating on Halliburton Company (NYSE:HAL), following the company’s 2Q earnings report. The analyst notes that HAL reported EPS of $0.14, beating consensus estimates of $0.19 due to higher EBIT and lower taxes. Curran explains, “Despite both

FBR Capital Analyst Initiates Coverage on QEP Resources Inc (QEP), Issues Market Perform Rating.

  FBR Capital analyst, Chad Mabry, initiates coverage on QEP Resources Inc (NYSE:QEP) and issues a Market Perform rating on the stock. Mabry explains, “QEP is a mid-cap E&P company with a strong balance sheet and balanced portfolio of quality

FBR Remains Bullish on FuelCell Energy Inc (NASDAQ:FCEL)

FBR Capital analyst, Carter Driscoll, weighed in on FuelCell Energy Inc (NASDAQ:FCEL) following an equity raise in the stock. He believes that this increase sends bullish signals and provides a financial cushion as project awards roll around the corner. FuelCell Energy generated