SolarCity Shares Rally For Second Day; Poised For Weekly Gains Of 20%

By MarketWatch Pulse

Shares of SolarCity Corp. extended gains for a second session Friday following a Morgan Stanley upgrade, putting them on track to gain more than 20% for the week. Morgan Stanley Thursday raised the stock's rating to overweight from equal weight with a price target of $93 a share, according to 24/7 Wall St. SolarCity shares were up 6.6% to $49.30.

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