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Vetr Inc. announced 8Point3 Energy Partners LP (NASDAQ:CAFD), boosting its stock price target to $13.49 today

In a report released on 06/21/2017 Vetr Inc. increased the stock price target of 8Point3 Energy Partners LP (NASDAQ:CAFD) to $13.49 reporting a possible downside of -0.04%.

Just yesterday 8Point3 Energy Partners LP (NASDAQ:CAFD) traded 0.35% higher at $14.10. 8Point3 Energy Partners LP’s 50-day moving average is $14.48 and its 200-day moving average is $13.46. The last stock price is up 7.09% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 39,332 shares of CAFD traded hands, down from an average trading volume of 139,500

Recent Performance Chart

8Point3 Energy Partners LP (NASDAQ:CAFD)

8Point3 Energy Partners LP has 52 week low of $12.04 and a 52 week high of $15.74 and has a market capitalization of $0.

In addition to Vetr Inc. reporting its stock price target, a total of 12 brokerages have issued a ratings update on the company. The average stock price target is $17.67 with 4 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 8Point3 Energy Partners LP (NASDAQ:CAFD)

8point3 Energy Partners LP owns, operates and acquires solar energy generation projects. As of November 30, 2016, Company's portfolio comprised interests in 642 Megawatt (MW) of solar energy projects. The Company is developing projects under utility, commercial and industrial (C&I) and residential categories. As of November 30, 2016, the Company owned interests in nine utility-scale solar energy projects; four C&I solar energy projects, and a portfolio of residential Distributed generation (DG) Solar assets. The Company's utility project portfolio comprises projects, which include Maryland Solar, Solar Gen 2, Lost Hills Blackwell, North Star, RPU, Quinto, Hooper and Kingbird. The Company's C&I projects comprise UC Davis, Macy's California, Macy's Maryland and Kern. The Company's residential portfolio targets homeowners in the United States.

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