SCTY Outlook for 2016
SolarCity Corp (NASDAQ:SCTY) has a huge problem: analysts think the company has too much debt. They believe the firm's loans could ultimately suffocate its share price, which is why they turned bearish on SCTY stock.
But don't take my word for it. Just look at the insane amount of short interest on the stock. Or else, look at SCTY stock's horrific performance over the last few months, or the long string of downgrades. All signs show the stock being dragged lower by pessimism.
Just this week, a Barclays analyst downgraded the stock. (Source:.
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SolarCity Corp (NASDAQ:SCTY) has a huge problem: analysts think the company has too much debt. They believe the firm's loans could ultimately suffocate its share price, which is why they turned bearish on SCTY stock.
But don't take my word for it. Just look at the insane amount of short interest on the stock. Or else, look at SCTY stock's horrific performance over the last few months, or the long string of downgrades. All signs show the stock being dragged lower by pessimism.
Just this week, a Barclays analyst downgraded the stock. (Source:.
Den vollständigen Artikel lesen ...