I just posted about a few US solar companies Goldman Sachs (GS) initiated coverage on and here is the China solar coverage. Again, hat tip to Street Insider for the ratings this morning.

JA Solar (JASO) initiated with a Conviction Buy rating and $7.50 price target. It’s calling JASO it’s “top pick”, citing an improvement to cash returns and a better looking balance sheet than its solar competitors. Shares are up nearly 5% today.  Get JA Solar Technical Analysis

Yingli Green Energy (YGE) gets a Neutral rating and a $10 price target.  Get Yingli Technical Analysis

Trina Solar (TSL) gets a Neutral rating and $17.80 price target.  Get Trina Solar Technical Analysis

Suntech Power (STP) gets a Sell rating and an $8.40 price target. They believe Suntech’s current valuation premium looks unwarranted due to a “lower cash margin and stretched balance sheet.  Shares of STP are holding up well this morning, down just 1%.  Get Suntech Power Technical Analysis