UPDATE: J.P. Morgan Initiates Coverage on SolarCity on Pure-Play Market Leader Position
October 17, 2013 at 10:18 AM EDT
In a report published Thursday, J.P. Morgan analyst Paul Coster initiated coverage on SolarCity Corp. (NASDAQ: SCTY ) with an Overweight rating and $68.00 price target. In the report, J.P. Morgan noted, “SolarCity is the pure-play leader in roof-top solar, a growth sweet-spot in the large solar PV market. Long-term
