Why Residential Solar Stocks May Have a Rough Quarter
Residential solar stocks have been on a massive run higher in 2017 as the market became more bullish on solar stocks in general. Vivint Solar (NYSE: VSLR) has more than doubled, Sunrun (NASDAQ: RUN) is up 36%, and SolarCity-owner Tesla (NASDAQ: TSLA) is up 54%.
The question is: Why? There may be some huge headwinds ahead for residential solar companies, and when they start showing up in second-quarter earnings reports, it may set us up for a weaker-than-expected earnings season.
Source: Fool.com
Tesla Inc Stock
€170.80
1.550%
Currently there is a rather positive sentiment for Tesla Inc with 56 Buy predictions and 27 Sell predictions.
As a result the target price of 242 € shows a positive potential of 41.69% compared to the current price of 170.8 € for Tesla Inc.
