Analysts Bullish On Several Green Stocks (AMSC, SRCL, WFR, SOLF, STP, FSLR, TSL)

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01:23:57 pm on September 30, 2010

Wunderlich Securities rates American Superconductor (AMSC) a Buy and has a $50 price target which would represent a nearly 70% move up from current levels.  The firm notes that the company has significant cash reserves and no debt.  Shares of AMSC continue to remain in basing pattern and are now testing resistance of the 200 day moving average.

==> Click Here For Your FREE Daily American Superconductor Technical Analysis

Wunderlich is also bullish on shares of Stericycle (SRCL) according to Benzinga and has raised the price target to $63 following its purchase of Healthcare Waste Services yesterday, however that is still about 10% lower than the current price.  The firm believes the move cements the company’s position as the dominant player in the disposal of medical waste.

==> Click Here For Your FREE Daily Stericycle Technical Analysis

Jefferies is generally bullish on solar and has raised the price targets for a few solar stocks based on higher ASP’s next year.

Raised the price target on MEMC Electronic Materials (WFR) from $10 – 11 and reiterates its Hold rating.  The firm believes the company is executing well.

Raised its price target on Solarfun Power (SOLF) from $14 to $17 and reiterates its Buy rating.  The firm sees good visibility for 2011.

Reiterates Hold on Suntech Power (STP) and raises the price target from $10 – $11.

Raises the price target on First Solar (FSLR) from $142 to $160.

Trina Solar (TSL) goes from $38 to $42/share. 

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