UPDATE: Citigroup Reiterates on SunEdison on Stronger Outlook, Price Upside Midpoint
November 08, 2013 at 11:05 AM EST
In a report published Friday, Citigroup analyst Shahriar Pourreza reiterated a Buy rating on SunEdison (NYSE: SUNE ), and raised the price target from $11.00 to $21.00. In the report, Citigroup noted, “The increase in our target price is twofold: (1) stronger outlook through our forecast period and beyond versus