Tag Archives: wedbush
Wedbush Morgan Not As Optimistic On Sunpower (SPWRA), Downgrades To Neutral
Wedbush Morgan isn’t as optimistic on SunPower (SPWRA) as FBR Capital was this morning. The firm is downgrading SPWRA following earnings from Outperform to Neutral. Hat tip to StreetInsider.com for the following analyst comment: “Downgrading shares of SunPower to Neutral from Outperform dueto continued industry headwinds and recent share price appreciation. Q2results beat our revenue [...]
Wedbush Morgan: Challenges Remain In Solar Market Heading Into Earnings
Wedbush Morgan was out with an article in Barrons yesterday highlighting the challenges that remain in the solar market as solar earnings kick off next week. They believe that 2nd half estimates may be too optimistic and earnings will show the negative impact of rapidly declining average selling prices, inventory write downs and cancellations/delays of customer orders. [...]
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