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A number of firms have modified their ratings and price targets on shares of Real Goods Solar (NASDAQ: RGSE) recently:

  • Real Goods Solar had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $3.00 price target on the stock, down previously from $4.00.
  • Real Goods Solar was downgraded by analysts at Roth Capital from a “buy” rating to a “neutral” rating. They now have a $1.85 price target on the stock, down previously from $6.00.
  • Real Goods Solar was downgraded by analysts at Sidoti from a “buy” rating to a “neutral” rating.
  • Real Goods Solar was downgraded by analysts at Zacks from a “neutral” rating to an “underperform” rating. They now have a $1.70 price target on the stock.

Shares of Real Goods Solar, Inc. (NASDAQ:RGSE) traded down 3.86% during mid-day trading on Wednesday, hitting $1.4421. The stock had a trading volume of 308,565 shares. Real Goods Solar, Inc. has a 1-year low of $1.38 and a 1-year high of $5.65. The stock has a 50-day moving average of $2.19 and a 200-day moving average of $2.99. The company’s market cap is $75.0 million.

Real Goods Solar (NASDAQ:RGSE) last released its earnings data on Tuesday, August 19th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.36. The company had revenue of $35.18 million for the quarter, compared to the consensus estimate of $29.87 million. The company’s revenue for the quarter was up 70.0% on a year-over-year basis. On average, analysts predict that Real Goods Solar, Inc. will post $-0.37 earnings per share for the current fiscal year.

Real Goods Solar, Inc is a solar energy company. The Company serves commercial, residential, and utility customers.

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