Wells Fargo is getting more bullish on these clean energy stocks.
Wells Fargo is getting more bullish on shares of First Solar , Sunnova Energy and Sunrun , expecting margins to improve as supply chains ease and raw material costs decline. Analyst Michael Blum upgraded all three clean energy stocks to overweight in a note to clients Friday, citing tailwinds from growing demand for solar amid Europe's energy crisis and recently passed Inflation Reduction Act in the U.S.
Shares of First Solar posted a solid run in 2022, surging nearly 72% and benefitting from a shift toward alternative energy amid nonstop oil market volatility. Many have also come to view the solar stock as a major beneficiary of tax credits from the government's climate bill.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US: Manufacturing is slowing, price pressure is abating – Wells FargoThe ISM Manufacturing report for December showed activity continues to slow. Analysts at Wells Fargo point out that the report showed price pressure i
Read more »
US: The case for additional labor market weakness is clear – Wells FargoOn Friday, the US official employment report will be released. Market consensus is for an increase in payroll by 200K. Analysts at Wells Fargo point o
Read more »
‘Fargo’ Season 5 at FX Adds Lukas Gage in Recurring Role (EXCLUSIVE)Lukas Gage has joined “Fargo” Season 5 at FX in a recurring role, Variety has learned exclusively. Gage will appear the character Lars Olmstead. He will appear opposite previously annou…
Read more »
Fargo Season 5: The White Lotus Star Lukas Gage Joins Series CastFXNetworks & NoahHawley's Fargo has tapped LukasGage (Euphoria, TheWhiteLotus) for a recurring role in the upcoming fifth season. / FargoFX
Read more »
Wells Fargo’s prominent banking analyst Mike Mayo sees big upside for Bank of America - San Francisco Business TimesIn banking news, BankofAmerica gets high marks from WellsFargo Securities' prominent banking analyst Mike Mayo for the franchise it's built over the years. BofA_News
Read more »
Djokovic set to miss U.S. events amid tightened vaccination requirementsNovak Djokovic is set to miss the Indian Wells and Miami Open ATP 1000 events this year if he remains unvaccinated against COVID-19, after United States authorities said non-nationals will need to have taken their shots to enter the country.
Read more »