The Latest Breaking News from Julien DumoulinSmith

First Solar stock sinks as Jefferies downgrade it to “hold”. Here’s why the investment firm cautions against owning FSLR shares at current levels.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

With rising interest rates, FirstEnergy Corp. (NYSE: FE) is poised to be negatively impacted by higher pension expenses, according to BofA Securities.

Atlantica Sustainable Infrastructure PLC (NASDAQ: AY) is a “defensive play” in a highly volatile market, according to BofA Securities.

Although there are several tailwinds for First Solar, Inc. (NASDAQ: FSLR), U.S. policy challenges have “consistently failed” to drive pricing power for the company, according to BofA Securities.

BofA analyst Julien Dumoulin-Smith upgraded SunPower Corp (NASDAQ:SPWR) to Neutral from Underperform with a price target of $23, up from $13 (3% downside). The re-rating followed the company's analyst day, which he said offered clarity on the growth trajectory.  Given what he calls "admittedly a robust turnaround plan with specific steps," Dumoulin-Smith made "material" upward…

Southwest Gas Holdings Inc (NYSE: SWX) has announced the issuance of 5.5 million shares of common stock at a public offering price of $74 per share plus a 30-day underwriters’ option to purchase another 825,000 shares or around $468 million in gross proceeds, according to BofA Securities.