Piper Reiterates Buy Rating on Yingli Energy (YGE) But Revises Target

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03:28:24 pm on July 9, 2008

According to Street Insider, Piper Jaffray reiterated their Buy rating on Yingli Green Energy but revised their target lower from 60 to 45.  The firm said, "Company visit and management meetings reinforce our belief that YGE remains best positioned in solar longer term with the lowest non-silicon processing cost on record."

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