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TerraForm Power (TERP) in Focus: Stock Moves 6.5% Higher

TerraForm Power, Inc. TERP was a big mover last session, as the company saw its shares rise above 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company since Mar 15, as the stock is now down 6.5%.

In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.   

TerraForm Power currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked Utility-Electric Power stock is Atlantic Power Corporation AT, which sports 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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ATLANTIC PWR CP (AT): Free Stock Analysis Report
 
TERRAFORM POWER (TERP): Free Stock Analysis Report
 
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