Yesterday, Deutsche Bank posted some positive comments on the China solar stocks, upgrading Suntech (STP) to Buy and reiterating buys on TSL, SOL and YGE. This morning they are weighing in on two of the big US solar plays MEMC Electronic Materials (WFR) and Sunpower (SPWRA) and aren’t as bullish. They have slashed the price target on WFR from $18 to $15 and the price target on SPWRA from $25 to $17 due to … Read the rest
Tag Archives: sterne agee
Rubicon Technology (RBCN) Plummets Again, This Time On Sterne Agee Sell Rating
It’s been a mighty rough go for Rubicon Technology (RBCN) shareholders in recent months. Since I posted about the CEO and CFO liquidating their entire positions in the company on June 23rd, the stock is down about 50%. Selling near the top saved the CEO nearly $2.5 million. You have to wonder now when they plan to buy back the stock. If their market timing prowess at the top is any indication, it may be … Read the rest