BMO Capital analyst Benjamin Pham reiterated a Hold rating on TerraForm Power (TERP) on November 9 and set a price target of $12. The company’s shares closed yesterday at $11.11.
According to TipRanks.com, Pham is ranked #565 out of 4890 analysts.
TerraForm Power has an analyst consensus of Moderate Buy, with a price target consensus of $12.33.
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Based on TerraForm Power’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $33.59 million. In comparison, last year the company had a GAAP net loss of $28.86 million.
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TerraForm Power, Inc. engages in the acquisition of renewable energy assets. It operates through Solar and Wind segments. The Solar segment consists of Distributed Generation, North America Utility, and International Utility. The Wind segment comprises of Northeast Wind, Central Wind and Hawaii Wind.
