Brokerage Firm Rating Update on Vivint Solar (VSLR)

Vivint Solar (VSLR) : 3 analysts are covering Vivint Solar (VSLR) and their average rating on the stock is 2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation.

Vivint Solar (VSLR) : The most positive equity analysts on Vivint Solar (VSLR) expects the shares to touch $7, whereas, the least positive believes that the stock will trade at $2 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $5.13 with an expected fluctuation of $2.42 from the mean.


Company shares have received an average consensus rating of Hold for the current week Also, Oppenheimer upgrades their rating on the shares of Vivint Solar (NYSE:VSLR). The current rating of the shares is Outperform. Earlier, the shares were rated a Perform by the brokerage firm. The rating by the firm was issued on August 9, 2016.

Vivint Solar (NYSE:VSLR): stock was range-bound between the intraday low of $3.19 and the intraday high of $3.28 after having opened at $3.28 on Wednesdays session. The stock finally closed in the red at $3.28, a loss of -1.85%. The stock remained in the red for the whole trading day. The total traded volume was 466,700 shares. The stock failed to cross $3.28 in Wednesdays trading. The stocks closing price on Thursday was $3.25.

Vivint Solar, Inc. is a provider of distributed solar energy, which is electricity generated by a solar energy system installed at customers locations. Through its investment funds, the Company owns an interest in the solar energy systems it installs and ownership of the solar energy systems allows it and the other fund investors to benefit from various local, state and federal incentives. The Company obtains financing based on these cash flows and incentives. When customers decide to move or sell the home prior to the end of their contract term, the customer contracts allow its customers to transfer their obligations to the new home buyer. The Company offers consultation, design and engineering process, installation and ongoing monitoring and services.

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