Green Stocks Analyst Ratings Roundup (SQM, SPWRA, AONE, LDK, FSLR)

Here’s a run down of today’s green stocks analyst calls…

(via Benzinga) Axiom Capital pointed out an article over at the Financial Times (in German) that discussed the potential of additional solar subsidy cuts in Germany due to increasing electricity rates associated with the boom in solar installations.  Nothing set in stone yet, just proposals. Solar stocks have been slammed in recent weeks and were down another 2% today (solar ETF TAN).

JP Morgan upgraded Sociedad Quimica (SQM), the lithium miner, from Neutral to Overweight and raised the price target from $37 to $61.  Shares of SQM are currently working on a new base after a torrid run in recent months.  Click Here For Your FREE Daily SQM Technical Analysis Report

Sunpower (SPWRA) was upgraded from Hold to Buy at ThinkEquity and the price target raised from $16 to $20 (nearly double the current price).  The firm sees the company as a leader that will benefit from input cost declines.  Shares were up initially this morning, but closed near the flat line.  Click Here For Your FREE Daily SPWRA Technical Analysis Report

ThinkEquity also upgraded both First Solar (FSLR) and LDK Solar (LDK) to Buy.  It didn’t help as both were down today.

A123 Systems (AONE) was downgraded to Sell over at Wunderlich Securities.  The firm sees a slower ramp in the electric car business both in the US and Europe and believes the company will need to raise additional capital within the next year.  Shares of AONE plunged nearly 10% with heavy volume today and appear headed for a retest of the all time lows.  Click Here For Your FREE Daily AONE Technical Analysis Report

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