Citi analyst Vikram Bagri upgraded HASI (HASI) to Buy from Neutral with a $36 price target The firm says the company is more insulated from potential policy changes. Utility scale companies are better positioned with achievable consensus estimates and stronger balance sheets, the analyst tells investors in a research note. Citi remains cautious on residential solar largely due to the dependence of companies on incentives and relatively weaker financial flexibility.
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