More Analyst Ratings: SOLR, CREE, JASO

Posted by | # |
11:24:24 am on May 12, 2010

Ardour Capital upgraded GT Solar (SOLR) from Hold to Buy and increased price target from $6 to $7.20.  Shares are up nearly 5% today, but holding below what is now resistance of the 200 day moving average.  Get a  FREE SOLR Trend Analysis

Sidoti upgraded Cree Inc (CREE) from Neutral to Buy and has a $90 price target.  Shares are up 8% and pushing back above support at the 50 day moving average and possibly gearing up to test all time highs in the coming days. Get a  FREE CREE Trend Analysis

Auriga maintains its Hold rating on JA Solar (JASO) and $6.50 price target.  Co.  “Most important was that management demonstrated increased confidence that 2H10 is firming by increasing capex and expanding capacity… The visibility into the revenue mix is limited to one quarter right now, which could lead to material swings in revenues and profitability as each segment has significantly different ASPs and profit margins. EPS growth remains our primary concern, which prevents us from being more constructive on the stock.”  Shares of JASO are up about 3% today and continue hanging around the $6 level.  Strong support around 5.50, strong resistance around $7.  Get a  FREE JASO Trend Analysis

Tags: , , , , , , ,
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.


No comments yet.

Leave a comment