Morning Green Stocks Analyst Rating Changes (ITRI, FSLR)

A couple rating changes this morning..

UBS upgraded First Solar (FSLR) from Neutral to Buy and raised their price target from $136 to $150. The firm cited increased global demand.  Raised 2010 EPS from $7.30 to $7.50 and 2011 EPS from $8.00 to $8.80.  Shares of FSLR are up nearly 3% today and holding in well at support around the 50 and 200 day moving averages.  It may be gearing up for another leg higher.

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Credit Suisse initiated coverage on Itron (ITRI) with an Outperform rating and a $70 price target.  Shares of ITRI are up fractionally today.  Technically, the momentum in shares of ITRI remains down, but with significant support in the $50 – $55 area, will likely begin stabilizing soon.

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