I just posted about the bullish earnings report out of Yingli Green Energy (YGE). I think traders were looking for upside guidance from the company which is why the stock traded down again Friday, but some analysts are upgrading the stock this morning, giving it a boost.
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HSBC upgraded the stock from Underweight to Neutral, but has a price target of only $5.50 which … Read the rest
Following Trina Solar’s (TSL) earnings results, at least two firms remain bullish on the stock – Auriga and Citi. HSBC wasn’t as impressed and downgraded the stock.
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Auriga reiterates its Buy rating and raised the price target from $36 to $41.
“Management did not disappoint investors with a strong beat and raise scenario on the Q2 conference. However, after raising estimates ahead of the call last … Read the rest
We have conflicting views on Yingli Green Energy (YGE) out of Janney Montgomery and HSBC. Janney is upgrading it from Neutral to Buy with and has a price target of $20.
Hat tip to StreetInsider.com for the following analyst comment:
“We are upgrade Yingli Green Energy to BUY, as the outlook for pricing and thus margins have improved. Yingli is a major price setter, and they are guiding to a more benign pricing environment in … Read the rest
Some positive analyst ratings are out this morning. Here’s the rundown:
Hat tip to StreetInsider.com for the analyst comments.
First Solar (FSLR) gets a Buy rating from Merriman Curhan. The firm says, “First Solar is a leading provider of thin film solar technology primarily serving the power utility market and continues to command cost leadership at $0.87/watt vs. its silicon-base solar peer group at $2.50/watt. Solar is rapidly becoming a critical alternative energy solution … Read the rest