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TerraForm Power (TERP) in Focus: Stock Gains 12.1%
TerraForm Power, Inc. was a big mover last session, as the company saw its shares rise more than 12% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $7.44 to $9.10 in the past one-month time frame, showed a pick-up yesterday at $8.81.
None of the estimates for this Utilities industry stock were revised over the past 30 days. However, the Zacks Consensus Estimate moved down over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if the recent move higher lasts.
TerraForm Power has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
TERRAFORM POWER Price
TERRAFORM POWER Price | TERRAFORM POWER Quote
However, a better-ranked stock in the same space is Avangrid, Inc. (AGR - Free Report) , sporting a Zacks Rank #1 (Strong Buy).
Is TERP going up? Or down? Predict to see what others think: Up or Down
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