By: Benzinga
May 02, 2013 at 12:31 PM EDT
UPDATE: Goldman Sachs Downgrades SolarCity to Neutral on More Balanced Risk/Reward
In a report published Thursday, Goldman Sachs analyst Brian Lee downgraded the rating on SolarCity Corp. (NASDAQ: SCTY ) from Buy to Neutral, but raised the price target from $20.00 to $23.00. In the report, Lee noted, “The recent rally in shares (+45% in past month vs. RUT +1%), in
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