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Stock impact report

Why Sunrun and Vivint Solar Stocks Rose Today, but Clean Energy Fuels Dropped [The Motley Fool]

Vivint Smart Home, Inc. (VVNT) 
Company Research Source: The Motley Fool
What happenedAlternative energy stocksVivint Solar(NYSE:VSLRSunrunNASDAQ:RUNClean FuelsNASDAQ:CLNEImage source: Getty Images.So whatThe winners today are a bit easier to explain than the loser.At present, Vivint is losing money at the rate of about $6 million a year, far more than Sunrun's $ million in annual profits can offset. But the companies say that, once combined, they'll probably be able to cut their costs by about $90 million insynergiesthe recessionIn any case, analysts are optimistic about the deal, and this morning, KeyBanc Capital Markets raised its price target on buy-rated Vivint by 0%, from $ a share to $8. It also upgraded shares of Sunrun to overweight (i.e., buy) and hung a $ price target on the stock.Now whatIn KeyBanc's opinion, this deal is likely to close, reportsTheFly.com,But what about Clean , whose shares are down today? Mr. Market is mostly mum today. Neither Clean itself, nor any analysts I know of, have had anything of substance to say about the company Show less Read more
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