TerraForm Power Receives New Coverage from Analysts at JPMorgan Chase & Co. (TERP)
Stock analysts at JPMorgan Chase & Co. began coverage on shares of TerraForm Power (NASDAQ:TERP) in a report issued on Tuesday. The firm set a “neutral” rating and a $35.00 price target on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 6.51% from the stock’s previous close.
Shares of TerraForm Power (NASDAQ:TERP) opened at 32.86 on Tuesday. TerraForm Power has a 52 week low of $29.01 and a 52 week high of $34.34. The stock has a 50-day moving average of $31.92 and a 200-day moving average of $31.92. The company’s market cap is $3.319 billion.
TerraForm Power, Inc is a dividend growth-oriented company formed to own and operate contracted clean power generation assets acquired from SunEdison and unaffiliated third parties.
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