Tag Archives: upgrades
Auriga Upgrades Jinko Solar $JKS
Auriga is out this morning upgrading Jinko Solar (JKS) back to a Buyrating and raising the price target from $32 to $37 after the companyannounced last night a follow on offering of $2 million shares in orderto raise cash for a big expansion. While equity offerings typically hit a stock price in the short term [...]
Cal Poly Pomona Upgrades Solar Installation
Cal Poly Pomona University in southern California has taken anotherstep toward its ultimate goal: becoming a carbon neutral campus by 2030. Last week, the university held a celebration at its John T. LyleCenter for Regenerative Studies to commemorate the installation of two,72-by-30-feet-wide Amonix solar panels that will produce 210,000 kilowatt hours (kWh) ofelectricity annually. That’s [...]
SunPower Grabs Upgrades; Stock Surges $SPWRA
Two firms are out this morning upgrading Sunpower (SPWRA) which has been crushed this year. ====> Click Here For Your FREE Sunpower Technical Analysis Soleil Securities upgraded from Hold to Buy.“Checks indicate that a large volume of system development business in the PVsector is going to be finalized in the fourth quarter of this year. [...]
Bank of America Upgrades LDK to Buy $LDK
The biggest upgrade in the solar industry today was the two notch upgrade of LDK Solar (LDK) by Bank of America from Underperform to Buy due to lower risks ofoversupply. Following the LDK Solar earnings report, I mentioned that I thought the stock offered a very compelling entry down at these levels and has the [...]
Auriga Upgrades Canadian Solar To Buy $CSIQ
Auriga isout upgrading Canadian Solar (CSIQ) this morning to Buy from Hold, butlowered the price target from $25 to $21. The firm believes that CSIQ’s pre-announcement in which it announced a Forex hit as well as lowermargins, has been priced in for the most part ahead of earnings (noofficial date announced yet). Says the firm: [...]
Slew of Upgrades and Downgrades for Solar Stocks $JASO $STP
This morning Think Equity has upgraded JA Solar JA Solar (JASO) from Hold to Buy and upgraded Suntech Power (STP) from Sell to Hold. JASO is moving up 2%in premarket trading while STP is down a bit. Get a free trend analysis for JASO and STP. On the LED front Merriman Curhan Ford is reiterating [...]
Neo Solar Power upgrades annual capacity to 800MW
Neo Solar Power Corp. (NSP), a leading producer of high quality solarcells in Hsingchu, Taiwan, announced the Board-approved capacityexpansion plan of 200MW,enlarging the company’s annual productioncapacity to 800MW. The extra 200MW is expected to be completedin the end of Q3 or early Q4. Upon completion, NSP’s new capacity isexpected to drive its revenue and profit [...]
California Upgrades its Net Metering Policy
California’s solar industry scored a significant policy victory with the passage of AB 510,which raises the requirement on the state’s electric utilities to “netmeter” customer-sited solar systems to 5% of a utility’s annual peakdemand from 2.5%. Net metering is an accounting practice for customer-generationsystems – primarily used with solar PV – that addresses the real [...]
Brigantine Advisors Upgrades First Solar (FSLR) To Buy Ahead Of Earnings $fslr
The analysts are tripping over themselves to make a call on FirstSolar (FSLR) ahead of earnings tonight. Add Brigantine Advisors tothat list. The firm has upgraded First Solar (FSLR) to Buy and set theprice target at $145 per share. Hat tip to Street Insider for thefollowing analyst comment: “News out of the solar sector has [...]
Jefferies Out With Solar Upgrades
According to StreetInsider.com, Jefferies is out with several solar upgrades following the two week plunge. SunPower (SPWRA)upgraded from Hold to Buy, but price target lowered from $30 to $29.Shares are up 2.5% to $21.75 this morning. Shares are up about 3% inpremarket trading. Suntech (STP) upgraded from Underperform to Hold with a $12 target. Shares [...]