Julien Dumoulin-Smith

The ongoing wildfire risk may have shifted California from a premium to a discount jurisdiction on inverse condemnation risk, according to Bank of America Merrill Lynch.  Inverse condemnation is a situation where the government takes private property but fails to pay the compensation required...

Clarity on the GenOn Energy Inc settlement and PJM Interconnection auction led UBS analyst Julien Dumoulin-Smith to upgrade NRG Energy Inc (NYSE: NRG) Thursday to Buy with a $20 price target. The GenOn Deal In May, NRG proposed a settlement with bankrupt subsidiary GenOn that would release NRG...

Is Tesla Inc (NASDAQ: TSLA) ripe for a correction after its meteoric rise since December 2016? One analyst thinks so. Tesla shares surged up by 71 percent during the period amid optimistic expectations concerning the Model 3 rollout and the company's strong deliveries guidance issued in early...

UBS’ Julien Dumoulin-Smith believes Dynegy Inc. (NYSE: DYN) is likely the most challenged among the independent power producer sector, given the company's high leverage and exposure to PJM and ISO-NE capacity markets. Dumoulin-Smith downgraded the rating on the company from Neutral to Sell,...

Following the weak 2017 guidance issued by First Solar, Inc. (NASDAQ: FSLR), UBS analyst Julien Dumoulin-Smith believes there could be further to the expectations for 2018 and beyond, especially given that legacy margins are likely to continue to roll off into 2018. Dumoulin-Smith downgraded...

UBS’ Julien Dumoulin-Smith believes that despite earlier concerns, Xcel Energy Inc (NYSE: XEL) has proven successful at “ultimately arguing its case for not just added capex”, management has also successfully implemented a potential “rate stayout” in Minnesota....

Due to its diversification and the company's continual share gaining in all online job postings recently (approaching 70 percent), UBS likes SunPower Corporation (NASDAQ: SPWR) among the non-residential solar installers in the United States. Setting Itself Apart "We note SPWR's core diversification...

Shares of SunPower Corporation (NASDAQ: SPWR) gained as much as about 3 percent after UBS upgraded the stock to Buy from Neutral saying that the recent pullback is overdone. The market is pricing in another 2011 panel downturn. But UBS sees value in the stock following 50 percent plus year-to-date...

Amid regulatory risks to the demand side, UBS remains cautious on companies with module sales exposure, including First Solar, Inc. (NASDAQ: FSLR), as the market enters a challenging second half of the year. However, UBS said there could be marginal upside on system costs for companies like...

UBS’ Julien Dumoulin-Smith believes NRG Energy Inc (NYSE: NRG)'s risk/reward is negatively skewed, given that the share price has nearly doubled from its January lows. Dumoulin-Smith downgraded the rating on the company from Buy to Sell, with a price target of $16. PJM Capacity Concerns...