The Economic Times of India
Mumbai: Brokerage Bernstein initiated coverage on Waaree Energies and Premier Energies with an ‘Underperform’ rating, citing that the solar photovoltaic (PV) space companies are close to the cyclical peak returns. The firm set price targets of ₹1,902 for Waaree and ₹693 for Premier, implying downsides of 16% and 22% over Wednesday’s closing prices.”We initiate at underperform considering where we are in the cycle…
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Solar PV cos close to cyclical peak returns: Bernstein
Stephania Klemp
05:23
Mumbai: Brokerage Bernstein initiated coverage on Waaree Energies and Premier Energies with an ‘Underperform’ rating, citing that the solar photovoltaic (PV) space companies are close to the cyclical peak returns. The firm set price targets of ₹1,902 for Waaree and ₹693 for Premier, implying downsides of 16% and 22% over Wednesday’s closing prices.”We initiate at
