Tag Archives: hold
Auriga Downgrades Solarfun (SOLF) From Buy To Hold $SOLF
Auriga is out downgrading shares of Solarfun (SOLF) this morning from Buy to Hold, but maintains the $13 price target because the firm feelsthe company may miss margin estimates on the Q3 call due to higher input prices. While they remain considerably bullish on the company, theyrecommend stepping aside until consensus expectations are re-evaluated. ==> [...]
Arizona SRP Solar Rebate Put On Hold Until 2011
Here we go again… Yet another solar energy rebate program will be put on hold due to high demand. The latest victim is the EarthWise solarrebate program from Salt River Project (SRP), an Arizona utility. Phoenix Business Journal on Monday reported that SRP will not issue any new rebates for commercial or residentialsolar energy systems [...]
CPV Consortium to hold two CPV boot camp workshops
The CPV Consortium, a global non-profit industry organization, will hold two “CPV Boot Camp” Workshops designed specifically to provide thenecessary tools for solar project developers, utilities and financiersto evaluate Concentrator Photovoltaic (CPV) systems as a compellingtechnology for medium and large scale projects deployed in the solarrich regions of the world. These one-day seminars provide aunique [...]
Citi Maintains Hold On First Solar $FSLR
Citi is out this morning maintaining its Hold rating on First Solar(FSLR) and raised the price target from $125 to $140. “FSLR remains mired in a multi-year flattening of EPS from 2009-2011 with significant growth not likely until 2012. On the downside, if $6 is worst-case,this supports our view that stock price of $100 or [...]
Citi Maintains Hold On First Solar (FSLR), But Cuts Price Target
Citi is outthis morning maintaining its Hold rating on First Solar (FSLR), butlowered the price target from $135 to $125. Hat tip to Street Insiderfor the analyst comment. ===> Click Here For Your FREE First Solar Analysis “We have long argued that EPS here will not start to meaningfullygrow again until 2012, following three years [...]
Auriga Thinks SunPower Could Be Attractive Acquisition – Ups To HOLD
The stock was up 6 1/2% in regular trade and another 1.4% after hours.The guy has been more right on this stock than anyone I know of.FromSmallCapPulse: Analyst Comments – Auriga’s Mark Bachmanupgraded SunPower (Nasdaq:SPWRA) to HOLD fromSELL this morning, noting that the shares are trading below his targetof $15, at about 1x book. Key [...]
New Jersey Solar Rebate On Hold
Once again, New Jersey’s solar boat has been rocked: due to revisions to a previously approved budget, the state’s Clean Energy Rebate willnot accept new applications for the month of April, and all applications currently in queue will be frozen until the program reopens in May. Ifthe solar rebate is reduced from current levels–all too [...]
Brigantine Advisors Initiates Coverage Of Suntech Power (STP) With Hold $STP
Brigantine Advisors has initiated coverage on Suntech Power (STP) with a Hold rating. Hat tip to Street Insider for the following analyst comment: “Suntech is the world’s second largest manufacturer of solarmodules, with shipments rising 42% Y/Y in 2009 on a Megawatt basis.Solar module pricing fell sharply in 2009, down nearly 40% Y/Y, and weexpect [...]
Israel Solar Energy “Gold Rush” Threatened By Government Hold
Not long after local and foreign companies made investments inIsraeli solar energy installations to benefit from the very attractivefeed-in tariff, a sudden announcement by the Israel Electric Company (IEC)states that its subsidy funds have reached the quota. A panic in thecountry’s burgeoning solar energy development industry has ensued. The announcement, published in several local newspapers, [...]