Here are some analysts calls on SPWRA and WFR following last nights earnings reports.
FBR upgraded Sunpower (SPWRA) from Market Perform to Outperform and doubled the price target from $20 to $40. The firm noted that while while earnings were a mixed (beat onrevenues, but lower margins), the upgrade is driven by increasedbusiness prospects in the rooftop solar market, which SPWRA’s willcapitalize on. They expect funding for larger ground mounted systemsto be challenging and funding for the smaller rooftop projects toremain available and improve in the future.
LDK Solar (LDK) Guides Above Prior Range, But Still Expects Large Q2 Loss
China Sunergy (CSUN) Provides Positive Guidance; Shipments and Margins Better Than Expected
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