Analyst Rating Changes: STP, JASO Upgraded Again; BofA Starts ITRI At Buy

08 December of 2009 by

The upgrades keep coming in for Suntech Power (STP) and JA Solar (JASO).  Yesterday they were upgraded by Barclaysand this morning Thomas Weisel is doing the same, upgrading both fromUnderweight to Market Weight.  Both stocks are holding yesterday’sbreakout moves well despite heavy selling in the overall market today. While it could be a rocky ride, solar stocks are increasingly showingsigns that the bottom is in.

Itron (ITRI), the smart grid behemoth also gets a positive rating this morning.  Bank of America has initiated coverage with a Buyrating.  The stock is up just a bit this morning. 

Analyst Rating Changes: STP, JASO Upgraded Again; BofA Starts ITRI At Buy

 

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