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Analyst Forecast: Will TerraForm Power Inc (TERP) Stock Rise or Fall in the Next Year?

Wednesday, April 08, 2020 11:01 AM | InvestorsObserver Analysts

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Analyst Forecast: Will TerraForm Power Inc (TERP) Stock Rise or Fall in the Next Year?

Analysts who follow TerraForm Power Inc (TERP) on average expect it to gain 0.85% over the next twelve months. Those same analysts give the stock an average rating of Buy.

That average rating earns TERP an Analyst Ranking of 21, which means it ranks higher than 21 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.4
Wall Street analysts are rating TERP a Buy today. Find out what this means to you and get the rest of the rankings on TERP!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.

Investors Observer combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With TerraForm Power Inc Stock Today?

TerraForm Power Inc (TERP) stock has gained 1.42% while the S&P 500 is unmoved 0% as of 10:58 AM on Wednesday, Apr 8. TERP is up $0.23 from the previous closing price of $16.18 on volume of 52,705 shares. Over the past year the S&P 500 is lower by -7.60% while TERP is up 16.88%. TERP lost -$0.70 per share the over the last 12 months.

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