U.S. stocks slipped Wednesday, largely due to steep losses in the energy and materials shares, which followed slumping oil prices lower. Among the equities in focus are battered solar PV maker Sunedison Inc (NYSE:SUNE), Finnish telecommunications firm Nokia Corporation (ADR) (NYSE:NOK), semiconductor company Micron Technology, Inc. (NASDAQ:MU), and sportswear giant Nike Inc (NYSE:NKE). Here’s a rundown of what analysts had to say about SUNE, NOK, MU and NKE.

Sunedison Inc

In a research report issued today, Axiom analyst Gordon Johnson reiterated a Sell rating on shares of SunEdison, while slashing the price target to $0.22 (from $0.39), due to lower share prices of SunEdison’s two yieldcos TerraForm Power and TerraForm Global.

In addition, the analyst provided a commentary on yesterday’s Debtwire (DW) report, which suggests that Sunedison entered into DIP discussions with creditors.

Johnson noted, “In our view, assuming SUNE is successful in acquiring DIP funding, we believe this likely shifts lower the priority of the majority of their capital structure (with equity holders the least likely to be made whole); it also suggests, as we’ve warned extensively, that SUNE’s current cash position is dire, if not completely compromised.” The analyst continued, “We reached out to SUNE regarding the validity of DW’s report, yet did not hear back. However, should SUNE be forced to liquidate projects out of its 5.5GW backlog in a Bankruptcy, the impact to US solar market project fundamentals (incl. rooftop) could be detrimental. Finally, according to DW, SUNE is seeking $300mn in new post-petition DIP liquidity.”

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Gordon Johnson has a total average return of 13.3% and a 63% success rate. Johnson has a -1.7% average return when recommending SUNE, and is ranked #144 out of 3757 analysts.

Out of the 17 analysts polled by TipRanks, 5 rate SunEdison stock a Buy, 9 rate the stock a Hold and 3 recommend to Sell. With a return potential of 573%, the stock’s consensus target price stands at $8.82.

Nokia Corporation (ADR)

Merrill Lynch analyst Kai Korschelt reiterated a Neutral rating on shares of Nokia, with a 5.90EUR price target, as long-term value would be offset by potential short-term earnings headwinds.

Korschelt explained, “We continue to see long-term value in the stock as we expect management to deliver synergies above guidance and see growth in high-margin IP licensing revenues. Further, Nokia ’s strong balance sheet (E1.6/share in net cash) supports rising cash returns over time. However, following the IPR/licensing earnings reset in January, we expect one more round of consensus EPS downgrades on 10th May when Nokia will guide for 2016 Networks margins. Our analysis suggests the market is underestimating Nokia ’s revenue weakness in wireless and model ~8% margins, below current SME Direkt consensus of 9.2%. As management has tended to to guide conservatively, Nokia could issue a fairly wide 6-9% margin range. At the mid-point, this could imply Networks EBIT up to 20% below consensus.”

According to TipRanks.com, analyst Kai Korschelt has a total average return of -0.4% and a 38.9% success rate. Korschelt has a -31.1% average return when recommending NOK, and is ranked #2401 out of 3757 analysts.

Out of the 10 analysts polled by TipRanks (in the past 3 months), 6 are bullish on Nokia stock, 3 are neutral and 1 is bearish on the stock. With a return potential of 61%, the stock’s consensus target price stands at $9.50

Micron Technology, Inc.

MKM Partners analyst Ian Ing maintained a Buy rating on shares of Micron, with a price target of $19, as the company is scheduled to report F2Q16 earnings results on Wednesday, March 30.

Ing wrote, “For Micron, the unfavorable near-term supply environment is largely “locked-in” as we await the benefits of upcoming CY2H demand drivers and cost down catalysts (node transitions and July’s Inotera integration). Besides not adding new wafer capacity, DRAM suppliers (MU, Samsung, SK Hynix) cannot realistically be expected to cut supply further in the face of ongoing demand erosion (PCs, smartphones). Lowering factory utilization would only result in market share loss and gross margin declines.”

Bottom line: “We are trimming our estimates for F3Q (May) and beyond on continued ASP erosion led by DRAM (plus some NAND). Our FY16 and FY17 EPS estimates are cut by 58% and 29%, respectively. While the near-term continues to disappoint, we note that MU shares have held up relatively well despite competitor downgrades and negative headlines (XMC plans for building China 3-D NAND Fab).”

According to TipRanks.com, analyst Ian Ing has a total average return of 13% and a 64% success rate. Ing has a -23.0% average return when recommending MU, and is ranked #226 out of 3757 analysts.

Nike Inc

Finally, Brean Capital analyst Eric Tracy reiterated a Buy rating on shares of Nike, with a price target of $74, following fiscal 2016 third quarter results in which EPS bested expectations.

Tracy commented, “NKE 3Q results were decent, in our view, delivering EPS upside ($0.55 vs. our $0.47 estimate) as lower-than-expected rev growth of +8% was more than offset by better-than-feared GM, expense management, lower tax, and share repurchases.”

“We continue to believe visibility into ongoing fundamental strength remains high, with our positive view predicated on 1) multiple growth levers that support strong visibility to continued top-line momentum (supported by recent innovation pipeline refresh) and 2) structural drivers including DTC/Int’l mix shifts and supply chain benefits that drive accretive growth. We tweak our 4Q EPS slightly lower (we were already below cons), and FY16/FY17 ests higher,” the analyst added.

According to TipRanks.com, analyst Eric Tracy has a total average return of 16% and a 70% success rate. Tracy has a 14.3% average return when recommending NKE, and is ranked #78 out of 3757 analysts.

Out of the 16 analysts polled by TipRanks (in the last 3 months), 15 are bullish on Nike stock, while only one remains sidelined. With a return potential of 15%, the stock’s consensus target price stands at $71.94.