BTIG downgraded XL Fleet from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/16/2021 | $6.00 | Buy → Hold | Canaccord Genuity |
| 7/9/2021 | Buy → Neutral | BTIG |
Canaccord Genuity downgraded XL Fleet from Buy to Hold and set a new price target of $6.00
BTIG downgraded XL Fleet from Buy to Neutral
Canaccord Genuity reiterated coverage of XL Fleet with a rating of Buy and set a new price target of $10.00 from $30.00 previously
XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a residential solar provider of subscription-based services that make it easy for homeowners and small businesses to own and maintain rooftop solar and battery storage, today announced that it will release its third quarter 2022 financial results after market close on Wednesday, November 9, 2022. This release will be followed by a conference call hosted by members of the XL Fleet management team at 5:00 p.m. Eastern Time on Wednesday, November 9, 2022. As recently announced, XL Fleet completed a transformational acquisition of Spruce Power, the largest privately held solar-as-a-service provider. Results for the third quarter of 2022 w
Completed acquisition of Spruce Power from funds managed by HPS for total cash consideration of approximately $58 million and the assumption of approximately $542 million of debt on September 9, 2022 Spruce Power is the largest privately held owner and operator of residential rooftop solar systems in the U.S. with more than 52,000 subscribers Acquisition is cornerstone of XL Fleet's new corporate strategy to become leading provider of subscription-based solutions for rooftop solar, battery storage and EV charging Spruce Power generated $15 million of net income and $51 million of Adjusted EBITDA during the twelve months ended June 30, 2022 More than $240 million of unrestricted ca
XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a leading provider of fleet electrification and energy efficiency solutions, today announced that it will release its second quarter 2022 financial results after market close on Tuesday, August 9, 2022. This release will be followed by a conference call hosted by members of the XL Fleet management team at 5:00 p.m. Eastern Time on Tuesday, August 9, 2022. The call can be accessed live over the telephone by dialing (877) 510-3772, or for international callers, (412) 902-0125 and referencing XL Fleet. Alternatively, the call can be accessed via a live webcast accessible on the Events & Presentations page in the Investor Relations sectio
PORTLAND, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (NASDAQ:SHLS), a global leader in electrical balance of systems (EBOS) solutions for the energy transition market, today announced that its Board of Directors has appointed Niharika Taskar Ramdev to the Board, effective August 9, 2024. The Board also appointed Ms. Ramdev to be a member of the Audit Committee of the Board. Ms. Ramdev replaces Peter Wilver, who resigned from the Board of Directors as of August 9, 2024. Shoals thanks Mr. Wilver for his service to the Company and its stockholders. "We are grateful to Pete for his outstanding contribution to Shoals and are excited to welcome Niharika to the Boar
Accomplished senior executive with over 25 years of public company finance & accounting experience Strong industry experience and track-record of execution in complex operating environments XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a leading provider of fleet electrification solutions, today announced that Donald P. Klein has been appointed Chief Financial Officer of XL Fleet, effective April 11, 2022. Mr. Klein is a seasoned finance executive with extensive accounting, analysis, and public reporting experience. He is an influential leader and trusted business partner with a strong track-record of accomplishments, focus and business acumen. Mr. Klein replaces Chris Goldner,
Miller's strong leadership and financial management experience in the transportation, manufacturing and distribution industries will support XL Fleet's strategy moving forward XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a leading provider of fleet electrification solutions, announced today the appointment of John Miller to its Board of Directors. Mr. Miller will provide strategic counsel to support the future of the business as the Company helps its customers meet decarbonization and sustainability goals. Mr. Miller has more than 40 years of executive management experience in the transportation, manufacturing and distribution industries, including operations and finance leader
4 - SPRUCE POWER HOLDING CORP (0001772720) (Issuer)
4 - SPRUCE POWER HOLDING CORP (0001772720) (Issuer)
4 - SPRUCE POWER HOLDING CORP (0001772720) (Issuer)
PORTLAND, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (NASDAQ:SHLS), a global leader in electrical balance of systems (EBOS) solutions for the energy transition market, today announced that its Board of Directors has appointed Niharika Taskar Ramdev to the Board, effective August 9, 2024. The Board also appointed Ms. Ramdev to be a member of the Audit Committee of the Board. Ms. Ramdev replaces Peter Wilver, who resigned from the Board of Directors as of August 9, 2024. Shoals thanks Mr. Wilver for his service to the Company and its stockholders. "We are grateful to Pete for his outstanding contribution to Shoals and are excited to welcome Niharika to the Boar
XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a provider of subscription-based services that make it easy for homeowners and small businesses to own and maintain rooftop solar and battery storage, today announced that it will change its corporate name to Spruce Power Holding Corporation, effective November 14, 2022. The Company will be known as Spruce Power. Additionally, the Company will change its NYSE ticker symbol from "XL" to "SPRU" at the open of market trading on Monday, November 14, 2022. "We are excited to execute on the next stage of our new corporate strategy with the official change of our company name," said Eric Tech, current Chief Executive Officer of XL Fleet. "Re
XL Fleet Corp. (NYSE:XL) ("XL Fleet" or the "Company"), a provider of subscription-based services that make it easy for homeowners and small businesses to own and maintain rooftop solar and battery storage, today announced that on October 20, 2022, it received a notice from the New York Stock Exchange ("NYSE"), notifying the Company that it is out of compliance with the NYSE's price criteria for continued listing standards because, as of October 19, 2022, the average closing price of the Company's common stock was less than $1.00 per share over a consecutive 30 trading-day period. The Company will notify the NYSE of its intent to cure its stock price deficiency within the applicable time p
SC 13G/A - SPRUCE POWER HOLDING CORP (0001772720) (Subject)
SC 13G/A - SPRUCE POWER HOLDING CORP (0001772720) (Subject)
SC 13D/A - XL Fleet Corp. (0001772720) (Subject)
8-K - SPRUCE POWER HOLDING CORP (0001772720) (Filer)
8-K - SPRUCE POWER HOLDING CORP (0001772720) (Filer)
8-K - SPRUCE POWER HOLDING CORP (0001772720) (Filer)
Gainers ShiftPixy, Inc. (NASDAQ:PIXY) shares surged 56.6% to settle at $19.10 on Friday. Shares of several companies in the broader industrial space traded higher on continued hopes of softer Fed policy after CPI this week showed October inflation below estimates. Exela Technologies, Inc. (NASDAQ:XELA) gained 50.3% to close at $0.2780. The company is expected to report Q3 results on November 14, 2022. uCloudlink Group Inc. (NASDAQ:UCL) jumped 49.6% to close at $1.90. uCloudlink Group is expected to report Q3 financial results on November 16, 2022. Core Scientific, Inc. (NASDAQ:CORZ) gained 44.3% to settle at $0.1981. Compass, Inc. (NYSE:COMP) jumped 44% to close at $3.50. Compass po
XL Fleet (NYSE:XL) reported quarterly losses of $(0.15) per share. This is a 200 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $8.36 million which beat the analyst consensus estimate of $5.80 million by 44.14 percent. This is a 161.25 percent increase over sales of $3.20 million the same period last year.
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